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Will one get blacklisted interntionally upon not paying credit back?
Rogintel
Posts: 1 Newbie
in Credit cards
Hi,
I have a debt of 3000 Euros due to credit cards (visa and mastercard) in Norway. I have now left the country forever. What will happen if I dont pay it back? Could I get blacklisted internationally so that I wont get any credit cards again? Or any other thing I could face?
Would it work if I say to them that I will pay back when I could?
Thanks
I have a debt of 3000 Euros due to credit cards (visa and mastercard) in Norway. I have now left the country forever. What will happen if I dont pay it back? Could I get blacklisted internationally so that I wont get any credit cards again? Or any other thing I could face?
Would it work if I say to them that I will pay back when I could?
Thanks
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Comments
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Troll alert.0
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hey people from the CAG board will like this person.0
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The thing to figure out is what credit checking do Norway use? If they use the Experian or Equifax and you're in a country also using that then I guess it's the same.
Other than that though it's a good point though. How do bills and debts work internationally? I remember reading about shipping and trading agreements. I think what happens is as soon as you sign into the next country (passport?) then you are signing in your assets to that country. I think. Then again... maybe not. I got a feeling the company can't get out beyond the borders.
The reason this doesn't happen all the time so much is that the ability to work in Norway is worth more than 3000 euros. So it makes sense to pay it off. Because in Norway you can earn that back. It's worth not burning that bridge.Order of events: Banks lose our money -> get bailed out -> were inflating GBP to cover it -> now taxing us -> next will grab your funds direct -> things get really desperate to balance the books. What should have happened?: banks go bust and we lost our money much quicker0 -
having bought something off ebay US I take an interest in thisOrder of events: Banks lose our money -> get bailed out -> were inflating GBP to cover it -> now taxing us -> next will grab your funds direct -> things get really desperate to balance the books. What should have happened?: banks go bust and we lost our money much quicker0
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Complicated question.
Generally debts can be enforced in other jurisdictions, but it's a struggle and it all depends where. There are international conventions. Within Europe it tends to be easier - a judgment in one country for a debt is usually recognised in another. So enforcement action can be taken directly in the second country.
Whether it's all worth it or not is another matter.0 -
its a troll0
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