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Is Canadian Credit History transferable to Australia

JSPCAN

Star Member
Oct 20, 2016
143
3
Hi Seniors,

I am a PR in Canada and planning to move to Australia on a spouse visa. Can I transfer my Credit History or score to Australia. If yes,is the process and documentation.

Best Regards
JSPCAN
 

rajkamalmohanram

VIP Member
Apr 29, 2015
8,687
1,277
Category........
PNP
Hi Seniors,

I am a PR in Canada and planning to move to Australia on a spouse visa. Can I transfer my Credit History or score to Australia. If yes,is the process and documentation.

Best Regards
JSPCAN
I HIGHLY doubt it. I've never ever heard of credit scores following people to other countries. The idea itself is rather absurd - different countries have different methods of calculation and use different scales. So, no, I don't think your Canadian credit score will follow you to Australia.
 

Copingwithlife

Champion Member
Jul 29, 2018
2,109
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Earth

JSPCAN

Star Member
Oct 20, 2016
143
3
Hi Seniors,

I have a related query.If I leave Canada for few years but I dont want to spoil the existing credit history.(just incase I want return and resettle)

So what should I do to maintain my credit status?

-Totally payoff all credit cards and loans before leaving?.will that leave my credit score in status-quo whenever i come back.

-Have some kind of ongoing expenses on credit card to be "live" in the credit bureau system?

-Is there any process of reporting the credit bureau agencies so preserve my present status?
 

steaky

VIP Member
Nov 11, 2008
9,776
627
Job Offer........
Pre-Assessed..
Hi Seniors,

I have a related query.If I leave Canada for few years but I dont want to spoil the existing credit history.(just incase I want return and resettle)

So what should I do to maintain my credit status?

-Totally payoff all credit cards and loans before leaving?.will that leave my credit score in status-quo whenever i come back.

-Have some kind of ongoing expenses on credit card to be "live" in the credit bureau system?

-Is there any process of reporting the credit bureau agencies so preserve my present status?
Why would you want to keep credit card balances unpaid? It will grow more debit interest and financial fees! Doesn't make sense! What if you forgot to pay before the due date? If you want to keep the credit card, why don't you just payoff and then use the card in your new country?
 
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jatt-going-canada

Hero Member
Jan 27, 2012
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jan 2011
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jan 2012 along with medicals
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october 30 2012
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You can apply for american express and then do global transfer. That's about it. Your full history would not transfer