Do countries exchange credit ratings? Will a bad rating in Canada affect you in Australia?

Public Comments

1. Countries per se don't exchange credit ratings, but international companies within those countries certainly do. If you have a bad rating in Canada, Visa/American Express/Master Card know all about it. And if you try to use your credit in Australia through any of these companies, the Aussie branch will certainly be aware of your poor credit rating. The world gets smaller day by day.....