Posted by on Thursday, October 22, 2009,
In :
Credit
Credit History of Immigrants
Credit
history usually applies to only one country. Even within the same credit card
network, information is not shared between different countries. For example, if
a person has been living in Canada for many years and then moves to the United
States, when they apply for credit cards or a mortgage in the U.S., they would
usually not be approved because of a lack of credit history, even if they had
an excellent credit rating in their home country and even if they ...
Posted by on Thursday, October 22, 2009,
In :
Credit
Acquiring and understanding credit reports and scores
There are many businesses that aim to make money by
providing services to consumers to check their credit reports and confirm the
information in them. These companies advertise heavily. However, U.S. Law
requires that the three major credit reporting agencies (Experian, Equifax, and
TransUnion) provide a copy of the credit reports for any consumer that requests
it, once per year. The website to order this legally-required and free service...