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If you move from Canada to the US and have bad debt in Canada will it effect your credit in the US?
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∙ 15y ago
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What is the debt collection in Canada and the US?
If you move from Canada to the US and have bad debt in Canada will it effect your credit in the US?
If you have too much credit card debt can you move to Canada from the US to avoid it?
As your credit report may not follow you from the US to Canada, you can probably move there and become debt free. Moving back, thou, to the US may be difficult if you are trying to obtain credit as your credit report may have to be accessed and the unpaid accounts may show up.
Is settlement good or bad on credit report?
Debt settlement is good for your credit rating. Just settle the debt and move on. Do not use a debt settlement company, ever.
How do you unsecure your debt once it is secure?
The first step to move secure debt to unsecure is to get a credit report to see how much unsecure credit you can obtain. Apply for different loans and use the unsecure credit to pay off the secure debt.
Where can one find information regarding debt options?
One could start with the local bank, then move on to debt management programs or sites like consumerftc or consolidated credit to help one with debt problems.
What is the debt collection in Canada and the US?
If you move from Canada to the US and have bad debt in Canada will it effect your credit in the US?
If you have too much credit card debt can you move to Canada from the US to avoid it?
As your credit report may not follow you from the US to Canada, you can probably move there and become debt free. Moving back, thou, to the US may be difficult if you are trying to obtain credit as your credit report may have to be accessed and the unpaid accounts may show up.
Is settlement good or bad on credit report?
Debt settlement is good for your credit rating. Just settle the debt and move on. Do not use a debt settlement company, ever.
One of your friends has debt and they want to move from the US to Canada would they still be able to move from the US to Canada with this debt?
If no legal action is being taken against them and they have the money or ability to pay the debt then maybe. Each case needs to be looked at on it's own. He cannot use Canada to hide from his debt.
How do you unsecure your debt once it is secure?
The first step to move secure debt to unsecure is to get a credit report to see how much unsecure credit you can obtain. Apply for different loans and use the unsecure credit to pay off the secure debt.
Is bad credit wiped away if you move to another country?
If you leave the country your credit will not be wiped clean. The "black" marks will remain on your credit bureau for 7 years after the date of your last payment to the debt(acknoledgement of the debt) Different countries have their own credit bureau's ie. Canada, US. However it is possible for a creditor to transfer the bad debt onto the credit bureau of the country you reside. Running away will not fix your credit problems. The best option is to deal with your individual creditors and make arrangements.
If you move from US to Canada can you pay your car loan and credit cards from Canada?
definitely
If you do not pay the cleaning move out fees to the leasing company can they report you to the credit bureaus?
LEASING COMPANIES CANNOT REPORT YOU TO THE BUREAUS. SO, NO THIS WILL NOT BE REPORTED TO ANY OF THE BERUEAS. YOU WILL HAVE A DEBT THAT NEEDS TO BE PAYED OFF EVENTUALLY, BUT IT WILL NOT REFLECT NOR EFFECT YOUR CREDIT RATING.
How can you receive emergency surgery with no medical insurance and very poor credit?
Move to Canada.
Where can one find information regarding debt options?
One could start with the local bank, then move on to debt management programs or sites like consumerftc or consolidated credit to help one with debt problems.
If you have 30000 in credit card debt and move permanently to Europe can credit card companies do anything about it?
I would think so - debt is debt no matter where you live. One can't simply run away from this and never be expected to pay. Worst case is that you might be denied entry back into the states again until the debt was settled.
If you have loans and credit card debt in the UK then move back to the US will they be able to find you and collect from you and how will this affect your credit score in the US?
Yes, they can find you. If you have loans, then you should pay them off. When they find you, they could take you to court and make you pay. Alot of times you have to leave the US and go to them and their court systems. It probably will have an effect on your credit score in the US.
