Emigrating. Does my credit report affect things?

GoBunny

Hi,
Newbie to this group so please be kind....
Thinking about emigrating (who isnt these days?) and wonder if anyone has any experience of how (or if) your credit report status affects your chances of acceptance into another countries immigration process.
Looking at Canada as an example.
If my credit report is a bit iffy, say one or two missed payments and a few credit cards which are shouting, could you just do a runner? (Come on, everyones thought of it one time at least!)
How would it affect things? Could they look into new bank accounts there? Could it affect your credit report in the new country? Could they deport you back here?

Answers on a £50 note to the usual address please.......:cool:

[Deleted User]

I looked into emigrating many years ago, and the opinion then was that a poor credit history in the UK wouldn't affect an application to emigrate. What many people don't realise is the expense involved. If you're struggling financially(missed credit card payments etc) then you might find it more difficult than you imagine. A quick example, if you want to rent in a new country, and you effectively have no credit history, then expect to be asked to put 12 months rent in advance. Don't want to put a dampener on your ambition, just weigh up the considerable cost involved. Good luck

Shakin_Steve

‘Doing a runner’ is not a good idea. If you can afford to keep up with your payments, even from abroad, you are best doing that. You never know what the future holds, and I wouldn’t like to have this hanging over my head if I had to return for any reason,
Your choice, of course.

Arleen

Deleted User wrote: »

I looked into emigrating many years ago, and the opinion then was that a poor credit history in the UK wouldn't affect an application to emigrate. What many people don't realise is the expense involved. If you're struggling financially(missed credit card payments etc) then you might find it more difficult than you imagine. A quick example, if you want to rent in a new country, and you effectively have no credit history, then expect to be asked to put 12 months rent in advance. Don't want to put a dampener on your ambition, just weigh up the considerable cost involved. Good luck

This.

I moved to UK with not much cash, but with a lined-up job, and getting a flat, bank account and other basics was a nightmare that led to a lot of stress, running around and, at one point, having to drag CEO of the company to the bank with me (no kidding) to get a basic bank account open. I was lucky that the fella was very sympathetic as he knew my situation beforehand, but without his support I am not sure what I would do. And a lot of those problems haunted me for 3 years as anyone living here for less than that is a suspect for any services/credit/renting.

While UK is not Canada, pretty sure that they have their own horrors like that.

DCFC79

Arleen wrote: »

This.

I moved to UK with not much cash, but with a lined-up job, and getting a flat, bank account and other basics was a nightmare that led to a lot of stress, running around and, at one point, having to drag CEO of the company to the bank with me (no kidding) to get a basic bank account open. I was lucky that the fella was very sympathetic as he knew my situation beforehand, but without his support I am not sure what I would do. And a lot of those problems haunted me for 3 years as anyone living here for less than that is a suspect for any services/credit/renting.

While UK is not Canada, pretty sure that they have their own horrors like that.

I would expect Canada to be similar.

The_Analyst

DCFC79 wrote: »

I would expect Canada to be similar.

My sister moved there last year and whilst she's not one for using credit, she managed to open bank accounts without any problems, plus condo rental, car hire and mobile phone contracts