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Yakk · 03-02-2004, 12:29 PM

I was reading the "ask the loan officer" thread, and it got me thinking of the differences between American and Canadian credit.

My brother relatively recently went down to the USA to get an MBA. While down there, he found getting credit to be a pain in the ass, dispite a non-trivial credit and employment history in Canada.

I've also heard, anicdotatally, that in Canada "no credit is good credit", at least compared to the USA.

Does anyone know much about the difference between the American and the Canadian credit systems?

03-02-2004, 12:29 PM	#1 (permalink)
Yakk Wehret Den Anfängen! Location: Ontario, Canada	Canadian vs American credit I was reading the "ask the loan officer" thread, and it got me thinking of the differences between American and Canadian credit. My brother relatively recently went down to the USA to get an MBA. While down there, he found getting credit to be a pain in the ass, dispite a non-trivial credit and employment history in Canada. I've also heard, anicdotatally, that in Canada "no credit is good credit", at least compared to the USA. Does anyone know much about the difference between the American and the Canadian credit systems? __________________ Last edited by JHVH : 10-29-4004 BC at 09:00 PM. Reason: Time for a rest.