Will a bad US credit rating affect me in the UK?

April 24th, 2009  | Tags: , ,
Sarah C asked:


Do other countries have the same credit rating systems as the US? I am moving to London in the next month, and I would love to buy rather than rent housing. However, my US credit rating is too low to obtain a loan. Will I have a somewhat clean slate in the UK?

Sara
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  1. Shibboleth
    April 26th, 2009 at 11:03
    Reply | Quote | #1

    You have a choice between having NO credit or having bad credit.

    So I would say “yes” , it will affect you either way.

  2. Pepper
    April 28th, 2009 at 13:59
    Reply | Quote | #2

    Yes..its all you have.

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