A Few Worries....
Sep 22nd 2005, 2:35 pm
#1
Just Joined
Thread Starter
Joined: Sep 2005
Location: Presently in Wakefield, England; moving to Savannah, Georgia soon
Posts: 1
A Few Worries....
Hi All,
I'm new to this forum, so I'll explain a bit about our situation. I'm an American, currently living in England with my English husband. We've been married for nearly 3 years (November 23, 2002) and are in the process of acquiring a visa for my husband. We are only waiting on his police certificate to be returned and then we'll be sending the info off requesting his interview date.
I've lived in the UK for the whole of our marriage and both my husband and I have good credit in the UK. We each have credit cards here, store cards and my husband has a loan with our bank. My questions (worries) are....
Will we be able to keep our credit cards when we move to the US? Or will those no longer be valid?
My husband has never lived in the US and, thus, has no credit there. I do have credit there, however, its not the best credit. I have much better credit since coming to the UK and growing up a bit. I've learned that such things are very, very important. Will we have a problem getting a mortgage because of this? We will have a 5% deposit on a place when we go. I would like for it to be more, however, we don't own our house in the UK, so we don't have that money as a fall back. We do have some savings, which would be what we would use as our downpayment.
Also, we hope to have interviews lined up for when we arrive in the States so that we can have jobs within a week or 2 of arriving, but will this make it impossible to get a mortgage? We could rent, but that would use up the savings we have for a downpayment. Also, we have a small dog who will be immigrating with us and I know its notoriously difficult to find rental accomodation that will allow animals.
I'm just very worried about this. My family don't seem to have any answers, so I thought I would come here where others had already had the experience and see if anyone had any advice/answers/words of encouragement. Thanks a lot to anyone who comments!
Moony
I'm new to this forum, so I'll explain a bit about our situation. I'm an American, currently living in England with my English husband. We've been married for nearly 3 years (November 23, 2002) and are in the process of acquiring a visa for my husband. We are only waiting on his police certificate to be returned and then we'll be sending the info off requesting his interview date.
I've lived in the UK for the whole of our marriage and both my husband and I have good credit in the UK. We each have credit cards here, store cards and my husband has a loan with our bank. My questions (worries) are....
Will we be able to keep our credit cards when we move to the US? Or will those no longer be valid?
My husband has never lived in the US and, thus, has no credit there. I do have credit there, however, its not the best credit. I have much better credit since coming to the UK and growing up a bit. I've learned that such things are very, very important. Will we have a problem getting a mortgage because of this? We will have a 5% deposit on a place when we go. I would like for it to be more, however, we don't own our house in the UK, so we don't have that money as a fall back. We do have some savings, which would be what we would use as our downpayment.
Also, we hope to have interviews lined up for when we arrive in the States so that we can have jobs within a week or 2 of arriving, but will this make it impossible to get a mortgage? We could rent, but that would use up the savings we have for a downpayment. Also, we have a small dog who will be immigrating with us and I know its notoriously difficult to find rental accomodation that will allow animals.
I'm just very worried about this. My family don't seem to have any answers, so I thought I would come here where others had already had the experience and see if anyone had any advice/answers/words of encouragement. Thanks a lot to anyone who comments!
Moony
Sep 22nd 2005, 2:50 pm
#2
strangely floppy..
Joined: Mar 2005
Location: Ohio - originally London
Posts: 1,719
Re: A Few Worries....
Originally Posted by Moony
Hi All,
I'm new to this forum, so I'll explain a bit about our situation. I'm an American, currently living in England with my English husband. We've been married for nearly 3 years (November 23, 2002) and are in the process of acquiring a visa for my husband. We are only waiting on his police certificate to be returned and then we'll be sending the info off requesting his interview date.
I've lived in the UK for the whole of our marriage and both my husband and I have good credit in the UK. We each have credit cards here, store cards and my husband has a loan with our bank. My questions (worries) are....
Will we be able to keep our credit cards when we move to the US? Or will those no longer be valid?
My husband has never lived in the US and, thus, has no credit there. I do have credit there, however, its not the best credit. I have much better credit since coming to the UK and growing up a bit. I've learned that such things are very, very important. Will we have a problem getting a mortgage because of this? We will have a 5% deposit on a place when we go. I would like for it to be more, however, we don't own our house in the UK, so we don't have that money as a fall back. We do have some savings, which would be what we would use as our downpayment.
Also, we hope to have interviews lined up for when we arrive in the States so that we can have jobs within a week or 2 of arriving, but will this make it impossible to get a mortgage? We could rent, but that would use up the savings we have for a downpayment. Also, we have a small dog who will be immigrating with us and I know its notoriously difficult to find rental accomodation that will allow animals.
I'm just very worried about this. My family don't seem to have any answers, so I thought I would come here where others had already had the experience and see if anyone had any advice/answers/words of encouragement. Thanks a lot to anyone who comments!
Moony
I'm new to this forum, so I'll explain a bit about our situation. I'm an American, currently living in England with my English husband. We've been married for nearly 3 years (November 23, 2002) and are in the process of acquiring a visa for my husband. We are only waiting on his police certificate to be returned and then we'll be sending the info off requesting his interview date.
I've lived in the UK for the whole of our marriage and both my husband and I have good credit in the UK. We each have credit cards here, store cards and my husband has a loan with our bank. My questions (worries) are....
Will we be able to keep our credit cards when we move to the US? Or will those no longer be valid?
My husband has never lived in the US and, thus, has no credit there. I do have credit there, however, its not the best credit. I have much better credit since coming to the UK and growing up a bit. I've learned that such things are very, very important. Will we have a problem getting a mortgage because of this? We will have a 5% deposit on a place when we go. I would like for it to be more, however, we don't own our house in the UK, so we don't have that money as a fall back. We do have some savings, which would be what we would use as our downpayment.
Also, we hope to have interviews lined up for when we arrive in the States so that we can have jobs within a week or 2 of arriving, but will this make it impossible to get a mortgage? We could rent, but that would use up the savings we have for a downpayment. Also, we have a small dog who will be immigrating with us and I know its notoriously difficult to find rental accomodation that will allow animals.
I'm just very worried about this. My family don't seem to have any answers, so I thought I would come here where others had already had the experience and see if anyone had any advice/answers/words of encouragement. Thanks a lot to anyone who comments!
Moony
I moved here (Ohio) a few years ago from UK, and this is how i built credit.
I put some money into a bank account, and took out a loan against it for 24 months (4% interest). After 6 months i started receiving credit card applications at nasty interest rates. I took one, used it and always left $5 on it. By 9 months my bank had given me a car loan, and now my credit score is over 700.
Things to remember when building a credit score.. the longer you have been with a bank the better. The fact you havent used an account doesnt matter, as long as you have ties to that institution.. perhaps you have some account still open in US although you are not currently here? The longer you remain at a single address the better, and generally one you have lived at for over 3 years is best (i appreciate this isnt immediate help, but bear it in mind for the future!). The more refusals you get, the more you credit score reduces.. each knock-back prolongs the agony so dont keep applying if you get refused - wait a while!
Sep 22nd 2005, 5:34 pm
#3
BE Forum Addict
Joined: Oct 2004
Location: The Big Apple
Posts: 1,834
Re: A Few Worries....
Originally Posted by Moony
Hi All,
I'm new to this forum, so I'll explain a bit about our situation. I'm an American, currently living in England with my English husband. We've been married for nearly 3 years (November 23, 2002) and are in the process of acquiring a visa for my husband. We are only waiting on his police certificate to be returned and then we'll be sending the info off requesting his interview date.
I've lived in the UK for the whole of our marriage and both my husband and I have good credit in the UK. We each have credit cards here, store cards and my husband has a loan with our bank. My questions (worries) are....
Will we be able to keep our credit cards when we move to the US? Or will those no longer be valid?
My husband has never lived in the US and, thus, has no credit there. I do have credit there, however, its not the best credit. I have much better credit since coming to the UK and growing up a bit. I've learned that such things are very, very important. Will we have a problem getting a mortgage because of this? We will have a 5% deposit on a place when we go. I would like for it to be more, however, we don't own our house in the UK, so we don't have that money as a fall back. We do have some savings, which would be what we would use as our downpayment.
Also, we hope to have interviews lined up for when we arrive in the States so that we can have jobs within a week or 2 of arriving, but will this make it impossible to get a mortgage? We could rent, but that would use up the savings we have for a downpayment. Also, we have a small dog who will be immigrating with us and I know its notoriously difficult to find rental accomodation that will allow animals.
I'm just very worried about this. My family don't seem to have any answers, so I thought I would come here where others had already had the experience and see if anyone had any advice/answers/words of encouragement. Thanks a lot to anyone who comments!
Moony
I'm new to this forum, so I'll explain a bit about our situation. I'm an American, currently living in England with my English husband. We've been married for nearly 3 years (November 23, 2002) and are in the process of acquiring a visa for my husband. We are only waiting on his police certificate to be returned and then we'll be sending the info off requesting his interview date.
I've lived in the UK for the whole of our marriage and both my husband and I have good credit in the UK. We each have credit cards here, store cards and my husband has a loan with our bank. My questions (worries) are....
Will we be able to keep our credit cards when we move to the US? Or will those no longer be valid?
My husband has never lived in the US and, thus, has no credit there. I do have credit there, however, its not the best credit. I have much better credit since coming to the UK and growing up a bit. I've learned that such things are very, very important. Will we have a problem getting a mortgage because of this? We will have a 5% deposit on a place when we go. I would like for it to be more, however, we don't own our house in the UK, so we don't have that money as a fall back. We do have some savings, which would be what we would use as our downpayment.
Also, we hope to have interviews lined up for when we arrive in the States so that we can have jobs within a week or 2 of arriving, but will this make it impossible to get a mortgage? We could rent, but that would use up the savings we have for a downpayment. Also, we have a small dog who will be immigrating with us and I know its notoriously difficult to find rental accomodation that will allow animals.
I'm just very worried about this. My family don't seem to have any answers, so I thought I would come here where others had already had the experience and see if anyone had any advice/answers/words of encouragement. Thanks a lot to anyone who comments!
Moony
Think you will need very good luck to get a mortgage without credit history and no income - hope it works out though! Also the visa might take some time to come through?
Sep 23rd 2005, 2:09 am
#4
BE Enthusiast
Joined: Mar 2004
Location: Millington, TN
Posts: 533
Re: A Few Worries....
Originally Posted by Moony
We could rent, but that would use up the savings we have for a downpayment. Also, we have a small dog who will be immigrating with us and I know its notoriously difficult to find rental accomodation that will allow animals.
I'm just very worried about this. My family don't seem to have any answers, so I thought I would come here where others had already had the experience and see if anyone had any advice/answers/words of encouragement. Thanks a lot to anyone who comments!
Moony
I'm just very worried about this. My family don't seem to have any answers, so I thought I would come here where others had already had the experience and see if anyone had any advice/answers/words of encouragement. Thanks a lot to anyone who comments!
Moony
Good luck
Sep 23rd 2005, 2:44 am
#5
Homebody
Joined: Jan 2005
Location: HOME
Posts: 23,179
Re: A Few Worries....
Originally Posted by Moony
I'm just very worried about this. My family don't seem to have any answers, so I thought I would come here where others had already had the experience and see if anyone had any advice/answers/words of encouragement. Thanks a lot to anyone who comments!
Moony
Moony
http://britishexpats.com/forum/showthread.php?t=299319
Sep 23rd 2005, 3:16 am
#6
Payed up premium member
Joined: Aug 2004
Location: The desert
Posts: 2,327
Re: A Few Worries....
Originally Posted by Moony
Hi All,
I'm new to this forum, so I'll explain a bit about our situation. I'm an American, currently living in England with my English husband. We've been married for nearly 3 years (November 23, 2002) and are in the process of acquiring a visa for my husband. We are only waiting on his police certificate to be returned and then we'll be sending the info off requesting his interview date.
I've lived in the UK for the whole of our marriage and both my husband and I have good credit in the UK. We each have credit cards here, store cards and my husband has a loan with our bank. My questions (worries) are....
Will we be able to keep our credit cards when we move to the US? Or will those no longer be valid?
My husband has never lived in the US and, thus, has no credit there. I do have credit there, however, its not the best credit. I have much better credit since coming to the UK and growing up a bit. I've learned that such things are very, very important. Will we have a problem getting a mortgage because of this? We will have a 5% deposit on a place when we go. I would like for it to be more, however, we don't own our house in the UK, so we don't have that money as a fall back. We do have some savings, which would be what we would use as our downpayment.
Also, we hope to have interviews lined up for when we arrive in the States so that we can have jobs within a week or 2 of arriving, but will this make it impossible to get a mortgage? We could rent, but that would use up the savings we have for a downpayment. Also, we have a small dog who will be immigrating with us and I know its notoriously difficult to find rental accomodation that will allow animals.
I'm just very worried about this. My family don't seem to have any answers, so I thought I would come here where others had already had the experience and see if anyone had any advice/answers/words of encouragement. Thanks a lot to anyone who comments!
Moony
I'm new to this forum, so I'll explain a bit about our situation. I'm an American, currently living in England with my English husband. We've been married for nearly 3 years (November 23, 2002) and are in the process of acquiring a visa for my husband. We are only waiting on his police certificate to be returned and then we'll be sending the info off requesting his interview date.
I've lived in the UK for the whole of our marriage and both my husband and I have good credit in the UK. We each have credit cards here, store cards and my husband has a loan with our bank. My questions (worries) are....
Will we be able to keep our credit cards when we move to the US? Or will those no longer be valid?
My husband has never lived in the US and, thus, has no credit there. I do have credit there, however, its not the best credit. I have much better credit since coming to the UK and growing up a bit. I've learned that such things are very, very important. Will we have a problem getting a mortgage because of this? We will have a 5% deposit on a place when we go. I would like for it to be more, however, we don't own our house in the UK, so we don't have that money as a fall back. We do have some savings, which would be what we would use as our downpayment.
Also, we hope to have interviews lined up for when we arrive in the States so that we can have jobs within a week or 2 of arriving, but will this make it impossible to get a mortgage? We could rent, but that would use up the savings we have for a downpayment. Also, we have a small dog who will be immigrating with us and I know its notoriously difficult to find rental accomodation that will allow animals.
I'm just very worried about this. My family don't seem to have any answers, so I thought I would come here where others had already had the experience and see if anyone had any advice/answers/words of encouragement. Thanks a lot to anyone who comments!
Moony
Small dogs are ok normally, well thats what I found.
Sep 23rd 2005, 4:24 am
#7
Joined: Mar 2003
Posts: 68,280
Re: A Few Worries....
Originally Posted by evoal2003
Small dogs are ok normally, well thats what I found.
Mortagages ..its actually easier to get a mortgage while you are working in the UK..albeit with a 20% deposit.. that it will be when you arrive..
Sep 23rd 2005, 5:31 pm
#8
Payed up premium member
Joined: Aug 2004
Location: The desert
Posts: 2,327
Re: A Few Worries....
[QUOTE=Ray]How many have you eaten then...
As you can see by my avtar, I more of a pussy lover myself...
As you can see by my avtar, I more of a pussy lover myself...
Sep 23rd 2005, 5:41 pm
#9
Sursum corda
Joined: Sep 2002
Location: Richmond Hill, GA USA
Posts: 38,860
Re: A Few Worries....
Moony,
If I can help let me know, I live in a "bedroom community" outside Savannah.
If I can help let me know, I live in a "bedroom community" outside Savannah.
