abba48uk

Sorry Penguin but you missed the point. What I said was that maintaining a UK bank account would enable you to service your UK credit card and it is THAT which you can use in the USA. It gets round the very problem to which you refer.....no credit history in the USA ........cause you aint getting credit there..........its in the UK!

katesuiter1

I'd also like to know about the Paypal thingy. Sounds like a good way to do things!
Kate. xxx

NC Penguin

That's fine. You didn't make your point that clearly. Of course you can continue to use a British credit card and British bank account in the UK. It has nothing to do with an American credit history.

In fact, what you were trying to say was that usage of a UK credit card and UK bank account in the US makes no progress towards establishing/building a credit history in the US.

Perhaps you aren't bothered about establishing a credit history in the US.

Peace :-)



NC Penguin

L D Jones

abba48uk wrote:
    >
    > Sorry Penguin but you missed the point. What I said was that
    > maintaining a UK bank account would enable you to service your UK credit
    > card and it is THAT which you can use in the USA. It gets round the
    > very problem to which you refer.....no credit history in the USA
    > .......cause you aint getting credit there..........its in the UK!

I'm sure it gets around the problem but isn't the real problem no US
credit history (and the stupid credit agencies that operate worldwide
but only seem to care about accounts in a particular country)? Of
course, there is no reason not to use the UK card in the US while one
tries to build a US credit history but that can't be the real answer,
only a stopgap measure

abba48uk

Penguin, thats twice now that you have told me what I was trying to say and you have it wrong again. I was.....very simply......saying (and I am usually reasonably clear to those who read) that if you cant get credit in the usa (which is difficult initially) then you can retain an ability to obtain credit by using UK credit cards and uk bank accounts. Its worth thinking about before you close your UK bank account and junk your UK credit card. End of story.

Dana Burke

Try www.paypal.com


DB



"katesuiter1" wrote in message
news:[email protected]...
    > Originally posted by pondhopper
    > > Hi Folks
    > >
    > > We will also have the problem of making regular payments in the UK
    > > after I move to Tennessee when the I-129F finally gets sorted
    > >
    > > Where do I find info on the paypal system? it sounds good to me.
    > >
    > > I also understand that if you have a MBNA credit card with a good
    > > history in th UK then the USA MBNA WILL take the credit history into
    > > account and give a USA card. It might be a good way to start building
    > > your USA history
    > >
    > > Charles
    > >
    > > 129F sept 02
    > > Still waiting .........TSC
    > I'd also like to know about the Paypal thingy. Sounds like a good way to
    > do things!
    > Kate. xxx
    > --
    > Posted via http://britishexpats.com

NC Penguin

Your posts are appearing on the US Marriage Based Visas newsgroup/forum. Therefore, those reading will be moving to the US and will be wanting to establish credit in the US.

It doesn't matter that one can continue to have a UK credit history. For those who will be moving or have moved to the US, it is more important to focus on how to establish credit in the US.


NC Penguin

abba48uk

Do give me a break Penguin........if it takes a good time to get credit established in the USA it is obviously helpful to think how you will be able to get credit during the interim. Please refrain from telling other people what they should post, and do try to read the posts properly.

L D Jones

abba48uk wrote:
    >
    > The rate the bank will give you depends to some extent on the amount you
    > are transferring. For example, you will get a higher rate for 10,000
    > pounds + and an even higher rate for 100,000 pounds +. The bank
    > transfer which Patrick suggests was ceratinly the best way for me and I
    > did research it pretty extensively.
    >
    > BTW if you are maintaining a UK bank account and have a UK credit card,
    > this could solve any problems you may have about having no credit record
    > in the USA. I continue to use mu UK credit card and pay it off through
    > my UK bank account........works fine.

It depends on the definition of "any"

One problem is that on arrival to the US I couldn't buy anything on
credit without a credit card. I agree this problem could be solved by
using a UK card.

Another problem is that, in most cases, a new immigrant has absolutely
no credit in the US on arrival. While its obvious that a UK credit card
could be used to buy things things (or a spouse's US card for that
matter) this won't help to establish a US crdit record.

I think I'm reading too much into the word "any" here. Clearly "any"
problem can't be solved by using a UK card but maybe it doesn't matter
anymore.

Dana Burke

Paypal is at (of course) www.paypal.com

It's very easy to set up the accounts... Great system for moving money
across the pond!

Dana


"katesuiter1" wrote in message
news:[email protected]...
    > Originally posted by pondhopper
    > > Hi Folks
    > >
    > > We will also have the problem of making regular payments in the UK
    > > after I move to Tennessee when the I-129F finally gets sorted
    > >
    > > Where do I find info on the paypal system? it sounds good to me.
    > >
    > > I also understand that if you have a MBNA credit card with a good
    > > history in th UK then the USA MBNA WILL take the credit history into
    > > account and give a USA card. It might be a good way to start building
    > > your USA history
    > >
    > > Charles
    > >
    > > 129F sept 02
    > > Still waiting .........TSC
    > I'd also like to know about the Paypal thingy. Sounds like a good way to
    > do things!
    > Kate. xxx
    > --
    > Posted via http://britishexpats.com