U.S. credit history follow you to Canda?
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?
Public Comments
- 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.
- 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.
