![]() |
|
![]() | ||
|
Subject:
Internationally bad credit?
Category: Business and Money Asked by: shamelessinstigator-ga List Price: $5.00 |
Posted:
02 Sep 2003 21:50 PDT
Expires: 02 Oct 2003 21:50 PDT Question ID: 251662 |
I'll admit it! I have TERRIBLE credit - many unpaid utility bills from a plethora of moves, repossessed car, closed bank accounts, and the list goes on. The only thing I've always paid off are my taxes. Fortunately for me, I'm 23 and have lots of time to get it worked out. However, I don't know if I'll ever have the energy or the resources. As of late, I've been working a lot on moving out of the United States, most likely never to return. In the event that I move international, what is the likelihood that collection agencies and bills will follow me across the world? If I'm no longer a U.S. citizen, will I still be held liable for debt? Currently, I have no bank account. I have one secured credit card that I had to make a HUGE downpayment on just to get approved, and my credit limit is exactly the $1000 that I gave them. If I'm leaving the country, will I have to worry about my bad credit in the USA for the rest of my life? Thank you in advance. |
![]() | ||
|
There is no answer at this time. |
![]() | ||
|
Subject:
Re: Internationally bad credit?
From: politicalguru-ga on 03 Sep 2003 07:21 PDT |
Dear Shameless Instigator, I am not a lawyer (and if you look at the bottom of the page, you could see that "Answers and comments provided on Google Answers are general information, and are not intended to substitute for informed professional [...] legal [...]advice". However, your current debts are the result of your legal (through contracts) obligation to pay them. Therefore, unless you could prove that you did not sign your contracts (to have and use these credit cards) on a sound mind, they might be also binding if you relocate (read the fine print). Unlike these contracts, any future contracts you will sign abroad, will depend on the credit and legal system in that country. Outside the United States, there are many countries, which have different credit laws (in many countries, the usage of credit cards is not as common), and in any case, in many countries, the American "institution" of "credit history" is less central regarding private clients. |
Subject:
Re: Internationally bad credit?
From: probonopublico-ga on 03 Sep 2003 07:37 PDT |
Have you considered bankruptcy? This is the accepted method of wiping the slate clean. |
Subject:
Re: Internationally bad credit?
From: legolas-ga on 03 Sep 2003 07:50 PDT |
I can tell you that US Credit has NOTHING to do with Credit anywhere else. I know this personally as I have great credit in Canada--but found it VERY hard to get credit in the US as I had "no" credit. My Canadian and US bureau's were not linked in any way whatsoever. Legolas-ga |
If you feel that you have found inappropriate content, please let us know by emailing us at answers-support@google.com with the question ID listed above. Thank you. |
Search Google Answers for |
Google Home - Answers FAQ - Terms of Service - Privacy Policy |