The same thing that happens if you didnt move. CC companies send you deliquent notices and eventually flag the credit reporting agencies. Depending on the amount and the number of delinquencies, you likely would destroy your credit rating.
Once the CC companies determine it is fruitless to try and recover the debt, and after they reported you to the credit bureau's they will write off the debt as a tax loss.
The most important point is if you try and get credit in Europe, the vendor may have access to your bad credit report. Equifax, Experian and Transunion operate in various European countries and others have similar credit reporting agencies.
Yes, of course. It's linked to very identity, and moving state doesn't make you less of a credit risk. 'Bad credit' is not a thing that follows you around, it's you that is a credit risk.
Generally, people are moving toward more electronic means of payment instead of paper money, but these are not limited to credit cards.
Yes it depends on the company through which you are making the transaction. Dont use credit cards , always use debit cards.
No. Credit scoring companies in different companies, even if under the same name, do not share credit information from country-to-country due to information privacy laws. You will need to build credit from scratch if moving to the US, however, your Canadian bank can help by providing a reference letter.
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.
When you transfer money from your checking account to your credit card, you make a credit card payment. If you do not have a balance owed on your credit card, then you will have credit or a positive balance on your card.
There is migration all over Europe and in every part. However, Western Europe tends to have more immigration (people moving in) versus Eastern Europe, who tends to have more emigration (people moving out).
Planets can not stop moving, your question is pointless.
stuff
ASK HE OR SHE WHY ARE YOU MOVING OUT
the mobile- a moving art sculpture
your motion stops
They are eroded by the water.
moving apart
he is probably sleeping
what happens when a moving object speeds up,slows down,or changes direction?
The velocity changes. called acceleration.