Credit Reports

Old Jun 4th 2020, 10:48 pm
  #1  
Forum Regular
Thread Starter
 
Joined: Jul 2014
Location: Florida
Posts: 76
cityboys1911 is on a distinguished road
Default Credit Reports

When we came to the US we had no credit reports and they would not accept our UK ones, is it the same when we go back to the UK to live
cityboys1911 is offline  
Old Jun 5th 2020, 11:09 am
  #2  
BE Forum Addict
 
Joined: Aug 2013
Location: Eee Bah Gum
Posts: 2,684
durham_lad has a reputation beyond reputedurham_lad has a reputation beyond reputedurham_lad has a reputation beyond reputedurham_lad has a reputation beyond reputedurham_lad has a reputation beyond reputedurham_lad has a reputation beyond reputedurham_lad has a reputation beyond reputedurham_lad has a reputation beyond reputedurham_lad has a reputation beyond reputedurham_lad has a reputation beyond reputedurham_lad has a reputation beyond repute
Default Re: Credit Reports

Originally Posted by cityboys1911 View Post
When we came to the US we had no credit reports and they would not accept our UK ones, is it the same when we go back to the UK to live
Yes, it took us time (6 months or so) to build our credit reports on returning.
durham_lad is offline  
Old Jun 5th 2020, 1:11 pm
  #3  
Forum Regular
Thread Starter
 
Joined: Jul 2014
Location: Florida
Posts: 76
cityboys1911 is on a distinguished road
Default Re: Credit Reports

Originally Posted by durham_lad View Post
Yes, it took us time (6 months or so) to build our credit reports on returning.
thank you got your reply, even thought we still have a bank account doesn’t make a difference
cityboys1911 is offline  
Old Jun 5th 2020, 3:47 pm
  #4  
BE Forum Addict
 
Joined: Aug 2013
Location: Eee Bah Gum
Posts: 2,684
durham_lad has a reputation beyond reputedurham_lad has a reputation beyond reputedurham_lad has a reputation beyond reputedurham_lad has a reputation beyond reputedurham_lad has a reputation beyond reputedurham_lad has a reputation beyond reputedurham_lad has a reputation beyond reputedurham_lad has a reputation beyond reputedurham_lad has a reputation beyond reputedurham_lad has a reputation beyond reputedurham_lad has a reputation beyond repute
Default Re: Credit Reports

Originally Posted by cityboys1911 View Post
thank you got your reply, even thought we still have a bank account doesn’t make a difference
We kept our bank account for all 29 years we were living in the USA, but with no record of paying bills on a regular schedule the credit score goes down the drain. It’s not necessarily a disaster. I expected to have to pay 6 months rent in advance when we got back, but the letting company accepted pension statements as proof of income and ability to pay so we only had to pay 2 months in advance plus the 1 month deposit, which we got back in full when we moved out into a house we bought.
durham_lad is offline  
Old Jun 7th 2020, 9:33 am
  #5  
Just Joined
 
Joined: Dec 2019
Posts: 28
blokeandbird is an unknown quantity at this point
Default Re: Credit Reports

How long have you been out of the country? If only a short amount of time you may still have a UK credit score.
If you lost them due to being gone so long you will have to start from scratch (yes it is a pain again).
Covid 19 has changed a few things too. We were approved as long as we had 20% down (couldnt buy as the market was closed, so we had to rent). Called broker as we have now done 2 weeks isolation. Now we need a credit foot print to be approved by the same company.

So as soon as you have UK address, register to vote.
Then you will have the fun of getting internet with no credit score, and mobile phone plan.
Internet and home phone we went with plusnet, no credit score check. Took pay as you go plan, and will be calling them to see about flipping to monthly plan.
We have cash to buy cars but will be seeing if we can get on HP just to get a credit score.
blokeandbird is offline  
Old Jun 7th 2020, 3:09 pm
  #6  
Forum Regular
 
Joined: May 2020
Posts: 82
Brightongirl is an unknown quantity at this point
Default Re: Credit Reports

What about getting the basic utilities with no credit score? electric, gas, water ...
Brightongirl is offline  
Old Jun 7th 2020, 5:31 pm
  #7  
BE Forum Addict
 
Joined: Aug 2013
Location: Eee Bah Gum
Posts: 2,684
durham_lad has a reputation beyond reputedurham_lad has a reputation beyond reputedurham_lad has a reputation beyond reputedurham_lad has a reputation beyond reputedurham_lad has a reputation beyond reputedurham_lad has a reputation beyond reputedurham_lad has a reputation beyond reputedurham_lad has a reputation beyond reputedurham_lad has a reputation beyond reputedurham_lad has a reputation beyond reputedurham_lad has a reputation beyond repute
Default Re: Credit Reports

Originally Posted by Brightongirl View Post
What about getting the basic utilities with no credit score? electric, gas, water ...
once we got a rented house sorted then the agent simply transferred them to us. I guess with utilities they won’t cut you off until you’ve not paid some bills, same with Council Tax.

durham_lad is offline  
Old Jun 7th 2020, 5:41 pm
  #8  
Concierge
 
spouse of scouse's Avatar
 
Joined: Jan 2013
Location: Western Australia
Posts: 16,002
spouse of scouse has a reputation beyond reputespouse of scouse has a reputation beyond reputespouse of scouse has a reputation beyond reputespouse of scouse has a reputation beyond reputespouse of scouse has a reputation beyond reputespouse of scouse has a reputation beyond reputespouse of scouse has a reputation beyond reputespouse of scouse has a reputation beyond reputespouse of scouse has a reputation beyond reputespouse of scouse has a reputation beyond reputespouse of scouse has a reputation beyond repute
Default Re: Credit Reports

Originally Posted by Brightongirl View Post
What about getting the basic utilities with no credit score? electric, gas, water ...
Originally Posted by durham_lad View Post
once we got a rented house sorted then the agent simply transferred them to us. I guess with utilities they won’t cut you off until you’ve not paid some bills, same with Council Tax.
Same here. We wanted to stay with the same providers the previous owners had used, so the solicitor we had for the purchase got them transferred to us.
spouse of scouse is offline  
Old Aug 8th 2020, 4:21 pm
  #9  
Just Joined
 
Joined: Aug 2020
Posts: 17
lauraloulou is an unknown quantity at this point
Default Re: Credit Reports

Originally Posted by blokeandbird View Post
How long have you been out of the country? If only a short amount of time you may still have a UK credit score.
If you lost them due to being gone so long you will have to start from scratch (yes it is a pain again).
Covid 19 has changed a few things too. We were approved as long as we had 20% down (couldnt buy as the market was closed, so we had to rent). Called broker as we have now done 2 weeks isolation. Now we need a credit foot print to be approved by the same company.

So as soon as you have UK address, register to vote.
Then you will have the fun of getting internet with no credit score, and mobile phone plan.
Internet and home phone we went with plusnet, no credit score check. Took pay as you go plan, and will be calling them to see about flipping to monthly plan.
We have cash to buy cars but will be seeing if we can get on HP just to get a credit score.

Did you have any luck getting HP? I'm going to be moving by the end of the year, have had a UK bank account for years and years but my perfect US credit is clearly useless. I want to setup HP so that I can build credit. Did you find any easy store cards to open to help with that?
lauraloulou is offline  
Old Aug 8th 2020, 4:38 pm
  #10  
Forum Regular
 
Joined: May 2020
Posts: 82
Brightongirl is an unknown quantity at this point
Default Re: Credit Reports

Just out of curiosity, what's HP?
Brightongirl is offline  
Old Aug 8th 2020, 4:44 pm
  #11  
BE Forum Addict
 
Joined: Aug 2013
Location: Eee Bah Gum
Posts: 2,684
durham_lad has a reputation beyond reputedurham_lad has a reputation beyond reputedurham_lad has a reputation beyond reputedurham_lad has a reputation beyond reputedurham_lad has a reputation beyond reputedurham_lad has a reputation beyond reputedurham_lad has a reputation beyond reputedurham_lad has a reputation beyond reputedurham_lad has a reputation beyond reputedurham_lad has a reputation beyond reputedurham_lad has a reputation beyond repute
Default Re: Credit Reports

Originally Posted by Brightongirl View Post
Just out of curiosity, what's HP?
Hire Purchase I think.
durham_lad is offline  
Old Aug 16th 2020, 2:32 pm
  #12  
Lost in BE Cyberspace
 
Joined: Nov 2012
Location: bute
Posts: 9,059
scot47 has a reputation beyond reputescot47 has a reputation beyond reputescot47 has a reputation beyond reputescot47 has a reputation beyond reputescot47 has a reputation beyond reputescot47 has a reputation beyond reputescot47 has a reputation beyond reputescot47 has a reputation beyond reputescot47 has a reputation beyond reputescot47 has a reputation beyond reputescot47 has a reputation beyond repute
Default Re: Credit Reports

In my youth this was the main form of buying things on credit. Hire Purchase. Technically what you are buying is not yours until you make the final payment. Restrictions on HP used to be a favourite weapon of The Chancellor Of The Exchequer. A thing of the past ? Like Provident Cheques and Coop Dividends !

https://en.wikipedia.org/wiki/Hire_purchase

In The USA (and Canada ?) the term is "Installment Plan", which reminds me of a book by an outstanding French author (who was luck to escape execution for collobaroting with Vichy) - https://www.abebooks.co.uk/servlet/S...QaAjCZEALw_wcB

Last edited by scot47; Aug 16th 2020 at 2:53 pm.
scot47 is offline  

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service - Do Not Sell My Personal Information -

Copyright © 2018 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.