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Will my credit score help me to take out a loan outside country?

Date: Thu, 04/16/2020 - 00:43

Submitted by simmie
on Thu, 04/16/2020 - 00:43

Posts: Credits: [Donate]

Total Replies: 5

Will my credit score help me to take out a loan outside country?


I have a plan to move out for some years for work reason. Will my credit score help to take out a loan abroad? Will it help to show that I have a good credit reting.


I agree with David. However you can keep your credit score active from abroad too.
Have a look here: https://www.debtconsolidationcare.com/blog/how-to-keep-credit-profile-active-outside-usa.html
It can help you when you come back to USA again.


lrhall41

Submitted by Mabelle Page on Thu, 04/16/2020 - 02:59

( Posts: 295 | Credits: )


No. It won't help you anyway. Your credit score reflects your creditworthiness in the US only. It won't be of any use abroad. As soon as you leave the country, the importance of your credit score diminishes. It won't mane difference in your loan eligibility.


lrhall41

Submitted by David Martin on Thu, 04/16/2020 - 02:28

( Posts: 394 | Credits: 3933 )


Hi Simmie!

Unfortunately, your credit score won’t help you if you want to take out a loan abroad.


lrhall41

Submitted by Ryan Miller on Fri, 04/17/2020 - 04:13

( Posts: 249 | Credits: 2769 )