Credit report procedures ?

Question

What happens to credit reports for people who return overseas ?

For three and a half decades Stateside, I made sure to keep my credit rating and record in the best possible shape, by paying all bills on time, and periodically checking the same credit report, even I hadn't used any credit to ward off fraud.

I then retired to my spouse's birth country in Asia due to low-cost and numerous family. To my surprise, a MAJOR Card Company with whom I had an account since mid-1970s, actually sent me a new card, even though I would not qualify for one because of the
relocation (I then send payment to Florida). I assume my credit score, and record continues.

Is my supposition correct ?

Anyone ?

Are you still a US Citizen.

Yes, Jenine !

Always try to pay all bills on time, or it's insomnia. Wired that way from day one.

Answer 1

Items on your credit can last 7 years with no activity. So any accounts (and their corresponding reported status) that you've had in the last 7 years will still be on your credit report. However, you probably need to maintain some sort of useage of new accounts to maintain a high score. By using a credit card and paying it back on time will maintain that score. The best advice is to check your credit report yourself, like you did before. Go to www.equifax.com, www.transunion.com, and www.experian.com (or a tri-merge company like www.myfico.com) to see exactly whats in your credit, including your scores.

Answer 2

Are you still a US Citizen. If you still are your credit report remains the same. If you pay your bills on time and keep your credit cards below 35% of usage then your score will be high. You record continues.

Please check out Suzy Orman or go to the websites or the credit reporting companies like www.eqifax.com.