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Credit Building And Immigration

General UK immigration & work permits; don't post job search or family related topics!

Please use this section of the board if there is no specific section for your query.

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snicklefritz121
Newly Registered
Posts: 1
Joined: Tue May 01, 2007 9:03 pm

Credit Building And Immigration

Post by snicklefritz121 » Tue May 01, 2007 9:07 pm

Credit building for immigrants can be a difficult task. Credit reporting agencies such as Equifax, TransUnion, Northern Credit Bureaus and Equifax, only collect information from creditors about consumers’ financial experiences in UK and is seperate from U.S. credit reporting agencies and vice versa. Despite this, financial institutions may be willing to recognize your earlier credit history outside UK or vice versa if you ask them to do so. This may involve, for example, requesting a copy of your credit report from the credit-reporting agency in the other country and sitting down with a branch officer to discuss your credit or loan application.

In conclusion, I found that credit reports and profiles do not transfer from one country to the next. When moving to a new country, you will have to start from a no credit profile, therefore you may have to apply for a secured credit card to build a credit score, which I have located a site at http://www.consumerbadcreditguide.com/b ... arduk.html that has secured and unsecured credit cards to start building credit.

Dawie
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Posts: 1699
Joined: Mon Jan 16, 2006 1:54 pm
Location: Down the corridor, two doors to the left

Post by Dawie » Wed May 02, 2007 9:21 am

Sounds like an advertising plug to me.
In a few years time we'll look back on immigration control like we look back on American prohibition in the thirties - futile and counter-productive.

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