International credit systems

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International Credit Systems
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2
The principles of managing your credit still
apply regardless of which country you may call
home.
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3

• Canada

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4
Credit Bureaus

• Equifax Canada http//www.equifax.ca
• TransUnion Canada http//www.transunion.ca

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Credit Report Requests

• Can be requested as frequently as desired
• Request must be made in writing
• Report is delivered by mail

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Time, Transactions and Events

• Most items stay on the reports for 6 years.
• In some areas bankruptcies remain for 7 years
  unless you file two or more times.
• If you file two or more times, both remain on
  your credit report for 14 years.

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Helpful Note

• The Financial Consumer Agency of Canada publishes
  a booklet to help you navigate through Canadas
  credit system.
• http//www.fcac.gc.ca

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8

• United Kingdom

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Credit Bureaus

• Equifax http//www.equifax.co.uk
• Experian http//www.experian.co.uk
• Callcredit http//www.callcredit.co.uk

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Credit Reports

• You can get a copy of your credit report once a
  year for a small fee.

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11
Additional Information

• Registering to vote can boost your credit score.
• Not registering to vote can lower your credit
  score.

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• Australia

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Credit Bureaus

• Veda Advantage http//www.mycreditfile.com.au
• Dun and Bradstreet http//www.dnb.com.au
• Tasmanian Collection http//www.tascol.com.au

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• India

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15
Credit Bureaus

• The Credit Information Bureau (India) Limited
• (CIBIL)
• http//www.cibil.com

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16
Its important to manage your debt wisely for
best results!
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17
Self-Reflection Questions

• Do I manage my debts in such a way that I could
  establish good credit anywhere?
•  
• What can I do to achieve greater success with my
  credit management?

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Action Tips

• Request your credit report, regardless of your
  home country, and correct any errors.
•  
• Make a plan for becoming more creditworthy and
  take action to follow your own advice.

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