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Credit Rating & Emigrating
rachaelfleur
Posts: 241 Forumite
I've decided that when I'm debt free that I may emigrate somewhere for a fresh start. What I want to know is, will my credit rating follow me? Most of my defaults were issued 2 years ago and I should be debt free in 2 years and would hope to move away in three years time. I know that defaults are deleted after 6 years, should I wait 4 years until my credit file is clear, or will it stay behind in the UK?
Do what you want because in the end people will judge you anyway.
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Comments
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Canada, Germany, Uk all have agreements together for debt recovery via courts, however i believe each country has there own set of credit file companies so there is going to be no affect.
Credit files are managed by companies, so it matters if you goto a country with the same credit reference agency.
Such as experian are UK and US based. Moving to the US may well mean experian merge your files together.Although no trees were harmed during the creation of this post, a large number of electrons were greatly inconvenienced.
There are two ways of constructing a software design: One way is to make it so simple that there are obviously no deficiencies, and the other way is to make it so complicated that there are no obvious deficiencies0 -
Well Canada was top of my list then Australia or New Zealand. I want a fresh start and that means a clean slate so I guess it's probably best to stay in the UK until my credit file is clear. Oh that will be a glorious day indeed!
Do what you want because in the end people will judge you anyway.0
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