building up credit rating
Oct 9th 2014, 12:42 pm
#31
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Joined: Aug 2014
Posts: 373
Re: building up credit rating
My experience was that while my overseas and prior UK NCB (about 25 years' claim-free driving) was taken into consideration, my premium was higher for a couple of years because of no recent driving experience in the UK.
In other words, as an overseas driver, I was deemed to be a greater danger on the roads until I got used to driving on the left and using roundabouts.
In other words, as an overseas driver, I was deemed to be a greater danger on the roads until I got used to driving on the left and using roundabouts.
My city planners have decided to try roundabouts in some areas in Toronto. So how do they do that? Well first build roundabout and then put stop signs on the east west road, and no stop sign on the north south road
Oct 10th 2014, 5:20 am
#32
Forum Regular
Joined: Mar 2013
Posts: 36
Re: building up credit rating
My impression is that things such as no claims, credit histories, bank accounts, etc all transfer from Canada and Oz a little more easily than they do from the US. OP is moving from the US to UK.
Oct 10th 2014, 10:31 am
#33
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Joined: Aug 2014
Posts: 373
Re: building up credit rating
Interesting Janelle. One on line quote did say that all no claims had to be earned in UK. But quote partner got was way less than we pay in Toronto. Nice to have one thing that will be cheaper
Oct 15th 2014, 8:20 pm
#34
Just Joined
Joined: Sep 2014
Posts: 11
Re: building up credit rating
This is great advice. I opened up an Amex in Canada for this very reason. After over 6 years away my credit file will be as if I never lived there. So a great way to reestablish. I've found a lot of places don't take it in Canada. Is this the same in UK?
Oct 17th 2014, 2:23 pm
#35
Just Joined
Joined: Sep 2014
Posts: 2
Re: building up credit rating
[QUOTE=Wombat7;11415491]Moving back to UK after 34 years out of country. Have opened HSBC account and have a UK a HSBC credit card. All done from Canada.
How did you go about setting up the account from within Canada? I am trying to do that but they want a prove of address in the UK, which i will not be able to provide until after the move..
How did you go about setting up the account from within Canada? I am trying to do that but they want a prove of address in the UK, which i will not be able to provide until after the move..
