International credit systems

International credit systems

Transcript

1. www.lifethenfinance.com International Credit Systems
3. www.lifethenfinance.com The principles of managing your credit still apply regardless of which country you may call home.
4. www.lifethenfinance.com Canada
5. www.lifethenfinance.com Credit Bureaus •  Equifax Canada: http://www.equifax.ca •  TransUnion Canada: http://www.transunion.ca
6. www.lifethenfinance.com Credit Report Requests •  Can be requested as frequently as desired •  Request must be made in writing •  Report is delivered by mail
7. www.lifethenfinance.com Time, Transactions and Events •  Most items stay on the reports for 6 years. •  In some areas bankruptcies remain for 7 years unless you file two or more times. •  If you file two or more times, both remain on your credit report for 14 years.
8. www.lifethenfinance.com Helpful Note: The Financial Consumer Agency of Canada publishes a booklet to help you navigate through Canada`s credit system. http://www.fcac.gc.ca
9. www.lifethenfinance.com United Kingdom
10. www.lifethenfinance.com Credit Bureaus •  Equifax: http://www.equifax.co.uk •  Experian: http://www.experian.co.uk •  Callcredit: http://www.callcredit.co.uk
11. www.lifethenfinance.com Credit Reports You can get a copy of your credit report once a year for a small fee.
12. www.lifethenfinance.com Additional Information •  Registering to vote can boost your credit score. •  Not registering to vote can lower your credit score.
13. www.lifethenfinance.com Australia
14. www.lifethenfinance.com Credit Bureaus •  Veda Advantage: http://www.mycreditfile.com.au •  Dun and Bradstreet: http://www.dnb.com.au •  Tasmanian Collection: http://www.tascol.com.au
15. www.lifethenfinance.com India
16. www.lifethenfinance.com Credit Bureaus The Credit Information Bureau (India) Limited (CIBIL) http://www.cibil.com
17. www.lifethenfinance.com It’s important to manage your debt wisely for best results!
18. www.lifethenfinance.com Self-Reflection Questions: •  Do I manage my debts in such a way that I could establish good credit anywhere? •  What can I do to achieve greater success with my credit management?
19. www.lifethenfinance.com Action Tips: •  Request your credit report, regardless of your home country, and correct any errors. •  Make a plan for becoming more creditworthy and take action to follow your own advice.