If I move out of the US to Canada, will my credit history follow me? If you live in Canada please explain to me how your Credit System works.
2006-08-31 14:10:44 · 7 answers · asked by Brad B 2 in Business & Finance ➔ Credit
I moved from the UK to the US and it did not follow me. I had to establish credit all over again here. Different countries have different rules and agencies. It does not follow you as people suggest.
2006-08-31 14:50:01 · answer #1 · answered by ZCT 7 · 0⤊ 0⤋
I agree with ZCT. It does not follow you to another country. When you apply for a credit card in Canada, they are not going to get your US credit report from TransUnion or Equifax or Experian of US. They have their own credit monitoring system. I believe TransUnion Canadian version?
This might be good or bad. But thats how it works.
Telling from personal experience of a relative who migrated to canada and had to start his credit history all over again.
Ofcourse if you take a high loan, default it and run away, they might track you down. That is a different story.
2006-08-31 22:10:23 · answer #2 · answered by NapWala 2 · 1⤊ 0⤋
Banks are working together all around the world, with one common goal... To stick it so far up your ***, you'll never escape. Get used to it, consumer.
2006-08-31 21:16:39 · answer #3 · answered by UbiquitousGeek 6 · 0⤊ 1⤋
No, it follows you everywhere.
2006-08-31 21:14:42 · answer #4 · answered by Clogged-Up 6 · 0⤊ 1⤋
it follows you sorry
2006-08-31 21:17:46 · answer #5 · answered by holdenschic 2 · 0⤊ 1⤋
i don't know, i just answered, cuz i like your avatar
2006-08-31 21:16:14 · answer #6 · answered by Its not me Its u 7 · 0⤊ 1⤋
sorry kid ,but you have to keep it
2006-08-31 21:15:46 · answer #7 · answered by Anonymous · 0⤊ 1⤋