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fangans

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Foreign credit.
Does anyone know whether credit bureaus may consider foreign credit, like VISA or Mastercard? I have a long credit history in Europe, and it was frustrating to move to the US and be treated like pariah. It seems like it would be simple since those cards are the same as here.

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Only US companies report data to the three credit bureaus in the US.  Sorry.  Credit Bureaus are not global, but vary by country.

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A Huge Change Coming

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July 1 2014 a new law will take effect thanks to  President Obama. The US Dollar is in serious trouble and America is heading for a Currency Collapse.  The Dollar has lost its AAA rating in the world's economy and is dropping in crediability. Economists have suggested to convert to precious metals if at all possible and check out foreign investers. Both China and South Korea has stopped using the USD for trade with several other Countries. So heads up, America is in serious debt and can not "print" itself out of this new disaster! Advise: do what ever is possible to get out of American Credit Card debit ASAP. If you understand Economics, invest outside of America. Be wise and plan before this new law destroys America, the land I love.

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