I will move to the US to a long term stay under H-1B visa. First things I%26#039;ll do: rent a home and finance a car. How will my absence of credit history in the US affect my capability of doing them?
Additionally, is there a way to transfer a good credit history from my country to the US?
I%26#039;m moving to the USA. What will my credit score be?
It could be hard at the beginning.
1) Ask your employer for help with the bank on getting a credit card. That helps a lot for building a credit history.
2) If that doesn楹搕 work, ask for advice from the bank where they will deposit your salary. Probably they will ask you to a open a CD account. This type of account if very good for stablishing a good credit history.
3) About the car, i would advice you to buy a cheap and used car at the beginng. Going to the local university would give you access to good deals every year around June or July when people move.
4) and dude, please, please save money. Rent a cheap apartment, don楹搕 buy things that you wont use. If you loose your job and therefore your visa, you could be left with no money and huge debts. So be careful.
I%26#039;m moving to the USA. What will my credit score be?
DO US A FAVOR......DONT!
I%26#039;m moving to the USA. What will my credit score be?
The first thing you should do if get a %26quot;secured%26quot; credit card. You give the bank $1000, and they give you a credit card with $1000 limit (silly, isn%26#039;t it?), because you%26#039;ll need to establish a credit record as soon as possible. Having no credit history is often worse than having a bad one! If you can find a bank in the US that also operates in your home country. They may be able to %26#039;respect%26#039; your current credit history.
Good luck!
I%26#039;m moving to the USA. What will my credit score be?
If you don%26#039;t have one already a VISA, MASTERCARD, DISCOVER, AMERICAN EXPRESS these type of credit card will follow you to the USA and maintain, or if you don%26#039;t have them, establish good credit for you. IF credit is an issue...renting a home or financing a car, use your bank statements to prove your income and track record of good credit.
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