Any idea on how credit scores work across international borders?

Hi Community!

I was wondering if there is an organisation that tracks credit scores across international borders. For example, if someone with an excellent credit score in India relocates to a new country, will they be able to leverage their good behaviour in India to get attractive loan offers in the new country?

Thanks for your inputs!

3 Likes

Doesn’t credit score bureaus like Experian and others are global itself. Shouldn’t they be providing this already ?

1 Like

@sss Omg do you mean that my credit score will follow me overseas?
What if I want to start afresh?
PS: I’m trying to focus on the negative side!

@Deepali
Leaving your credit score back in the country may sound appealing if you want to escape your debts by moving abroad. It’s not that simple. Often, when applying for a visa in another country, your debt will be examined. If it appears you’re trying to avoid paying off debt, your application will likely be denied.

1 Like

Hi,

I think there is no organization offering loans when you relocate to USA leveraging your credit score built in India.

However, if you recently relocated to USA as a student or professional, in order to get a credit card in US, there is a website Novacredit which will use your credit score in India.

I guess this is quite helpful without having to deal with secured credit cards.

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