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Author Topic: Is my US credit worthless in Canada?  (Read 12498 times)
can_usa_97
Hero Member
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Posts: 883
Ratings: +20
Category........: FAM
Visa Office......: Buffalo
App. Filed.......: 07/13/2010
AOR Received.: 09/07/2010 in process 9/2
File Transfer...: 08/12/2010
Med's Request: Rcv'd  dtd 10/18
Med's Done....: 06/22/2010
Interview........: Waived dtd 10/18
Passport Req..: 11/04/2010
VISA ISSUED...: 11/16/2010
LANDED..........: 06/18/2011

« Reply #15 on: September 21, 2010, 02:52:07 pm »

I was told by two mortgage brokers in Canada, they would use our history here in the US to help us obtain a mortgage in Canada when we arrived, or shortly there after. However, I did go into some personal details (husband avg salary for last 10 years and downpayment we'd have) so I am not sure how much that factored in or not.
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2010
5/19 - FBI off
6/22 - Medical
7/8 -  app sent
7/13 - App Rcv
7/17 - fbi sent
8/12 - DM
9/2 - IN Process
9/7 - AOR
9/23 - FBI rcvd
11/2- DM
11/4 - PPR 3m3w6d
11/18 - visa in hand
2011
6/18 - land
9/4 - dh moves to ON
10/11 - Kids & I
CharlotteJ
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Posts: 315
Ratings: +14

« Reply #16 on: September 21, 2010, 07:33:59 pm »

I myself 've applied for a credit card at my bank and am not sure if they will allow or accept it, but so far no news from the bank advisor, so I 've no idea if they ll accept it or not.

I 've a European credit history off course, a good one, never been late with payments etc and always been paying off the bills on time but he didn't mention anything about going to check out on my European history, either good or bad. So, I suppose that having either a good or a bad credit for those like me from Europe means virtually or seems virtually to having NO credit at all when applying for a Canadian CC!

And I so badly need one, not to buy a home here, but to at least get some stuff up and running!
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GK
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Posts: 267
Ratings: +0
Category........: FAM
Visa Office......: Detroit
App. Filed.......: 01-06-2008
Passport Req..: 20-07-2008
VISA ISSUED...: 01-08-2008
LANDED..........: 01-10-2008

« Reply #17 on: September 22, 2010, 11:44:21 am »

I can only share my experience...  I moved to Canada from the US in 2008 and applied for both Visa and AmEx within the first 3 months.  Both got approved with same credit limit as in the US since both CIBC and AmEx Canada ran my US credit history.  They didn't do it automatically, I asked them to as I didn't have a credit history in Canada. They did it on the spot and I got approved same day.  I bought my house and opened a line of credit 6 months later.  At this time I had some Canadian credit history, but the lender still demanded to run my US history.   
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