I am moving to canada and i want to know if my credit history will follow me there. i have good credit and i want to know if by any chance i miss a payment will i be followed to Canada? is credt international or not? Can anyone help me?
2007-08-28 10:56:48 · 2 answers · asked by King F 2 in Business & Finance ➔ Credit
Credit reporting agencies such as Equifax, TransUnion, Northern Credit Bureaus and Equifax, and others only collect information from creditors about consumers’ financial experiences in a particular country and is separate from other countries credit reporting agencies and vice versa. Despite this, financial institutions may be willing to recognize your earlier credit history outside of a country if you ask them to do so. This may involve, for example, requesting a copy of your credit report from the credit-reporting agency in the other country and sitting down with a branch officer to discuss your credit or loan application.
2007-08-28 11:07:46 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Depends on the agreement between country's. With Canada it is more or less treated as if your going to another state. So in your case YES it will fallow you.
2007-08-28 11:05:46 · answer #2 · answered by zipper 7 · 0⤊ 0⤋