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If you leave the US with credit card debt will you have a problem establishing credit in a European country?
Possibly. Although creditors cannot force the collection of debts (lawsuits) outside of the US it is not necessarily true that a person's credit history cannot affect them outside of the US. Most large US banks now have branches all over the world, therefore if you applied with a lending institution of that type your US credit history could be accessed.
What else can I help you with?
How is opening letter of credit different from establishing letter of credit?
Both has same meaning, opening letter of credit establishing letter of credit once letter of credit is opened, credit is established.
How does an LLC obtain credit?
An LLC can obtain credit by establishing a strong business credit profile, maintaining good financial records, and building a positive relationship with lenders. This can be done by applying for a business credit card, securing a business loan, or establishing trade credit with suppliers.
How can one go about establishing credit?
There are many ways one can go about establishing credit. The most painless process is to provide information such as employment history and residence history for the most success.
How can I begin establishing my credit history?
You can start establishing your credit history by applying for a credit card, making small purchases, and paying off the balance on time each month. You can also consider becoming an authorized user on someone else's credit card or taking out a small loan. Remember to use credit responsibly to build a positive credit history.
How do I get my business to have credit?
You need to spend to establish credit. The general steps are to establish your entity, open a bank account, secure a credit card, and begin establishing credit through purchasing.
What European country is given credit for the American revolution?
they made bombs
How is opening letter of credit different from establishing letter of credit?
Both has same meaning, opening letter of credit establishing letter of credit once letter of credit is opened, credit is established.
Who was given credit for establishing the US Naval Academy?
The Secretary of the Navy, George Bancroft, is given the credit for establishing the US Naval Academy.
What was a result of the stock market farmers problem and the overuse of credit?
the country entered into a depression
Which credit card uses trans union for establishing credit worthiness?
Washington Mutual
How does an LLC obtain credit?
An LLC can obtain credit by establishing a strong business credit profile, maintaining good financial records, and building a positive relationship with lenders. This can be done by applying for a business credit card, securing a business loan, or establishing trade credit with suppliers.
What is a good method for establishing credit?
buying a new car
How can one go about establishing credit?
There are many ways one can go about establishing credit. The most painless process is to provide information such as employment history and residence history for the most success.
How can I begin establishing my credit history?
You can start establishing your credit history by applying for a credit card, making small purchases, and paying off the balance on time each month. You can also consider becoming an authorized user on someone else's credit card or taking out a small loan. Remember to use credit responsibly to build a positive credit history.
How do I get my business to have credit?
You need to spend to establish credit. The general steps are to establish your entity, open a bank account, secure a credit card, and begin establishing credit through purchasing.
Which method of purchase involves establishing charge?
The method of purchase that involves establishing a charge account with a business or store is typically referred to as a credit purchase. With a credit purchase, the buyer can make purchases on credit and pay back the amount owed at a later date, often with interest.
Where can one get information on establishing a business line of credit?
There are a number of websites where one could find information on establishing a business line of credit including Small Business, Small Business Online Community and the Small Business Administration.
