If a person has bad credit here in the US will they have it else where if they move to another country?

Answer 1

No.

That said though, your creditors may track you across international borders if you abandon your debts in the country you're fleeing from.

The other side of the coin is, in the new country you're not going to have ANY credit for 2 years. Unsecured creditors (ie. Visa, Mastercard, Amex, etc) are not likely to give you a card until you have at least 2 years worth of "existence" in the system of the new country you're in.

This means you need to, FIRST, get the equivilent of a Social Security Number so you're registered with the government. This might require some other immigration related paperwork first and could take months to get.

SECOND: use this number to open a bank account and put some money in it. Sometimes you can get a small line of credit or overdraft protection on it right away. My suggestion is use it as soon as you can and pay it off right away. The more times you use credit and pay it off, the more your rating notice your positive activity and will go up.

THIRD: get a job. No lending company is going to give you a card unless you can show a source of income--even if you're a full time student.

FOURTH: establish some sources of revolving credit... get a cell phone contract, open a public utility account (electricity, phone, cable, etc. under your name), etc.

FIFTH: once you've paid your bills ON TIME for at least 6 months and you hit your 2 year anniversary in your new country, you should be able to successfully apply for a credit card. I'd suggest going with a gas card or a department store.

Once you've got one of those... make some purchases and pay them off in full and on time every month for a couple of months. Then try for a major credit card. You can't expect much more than about $1,000 limit until you're in the system a little longer.

Answer 2

I think all you need to do is give them a change of address. But I hear tell if you run up bills here the credit card companies don't go after you in another country. They say it takes up too many resources. I saw a guy marry a girl here run up debt and go back to England and they still haven't done a thing to him. He is a real loser. btw she got stuck with the bills.

Answer 3

Not necessarily. However, in another country you could have no credit history -- which means that you will have to build your credit score from scratch and that could mean that you will have "bad" credit until you establish yourself.

Answer 4

Your married. You made a dedication - your attempting to go back up with clarification why you should depart your husband and chase after this different guy. Knock it off and commence appearing like a spouse - your marriage has some issues - massive deal - all of them do. Why did you go through the motions of marrying this guy in case you had no objective of staying with them in spite of the actuality that the reliable and undesirable cases. with somewhat of tremendous fortune your not only one in all those females that needed a wedding ceremony and not in any respect fairly a wedding ceremony. in case you separate and commence relationship this different guy - it will make you look terrible - like a cheater and a liar and no individual will position self assurance in the different case - imagine about it - would you in case you heard that tale? the different guy, likely has been waiting to ascertain what has been taking place on your marriage because he lived there -do not you imagine he could %. up on it? Why would he make this play for you presently? possibly because he see's that you're in a weak position and he could honestly provide you with a case of the Grass is Greener Syndrome? Duh.... in case you imagine this guy has only been your pal a number of those years - your nuts - adult males don't have females as friends - they have them as possibles and back-ups. yet in case you experience you may - depart your husband and commence relationship this guy - you'd be apologetic about it interior 6 months and bypass crying back on your husband - who will probable have moved on through then.

Answer 5

There are ways you could start off afresh in another country: credit history can be checked anywhere, though!