I kinda did that in the early 00’s. Left the US and told creditors* to kick rocks. They basically just wrote it all off. I came back 10ish years later and it was like it never happened. I went to get a loan for a motorcycle when I got back and they told me that since I didn’t have any credit history (wtf?) that it would be a slightly higher interest rate. Now some 15 years after that, I’m a model citizen, credit wise. I’ll save the next time for retirement.
I do apologize to Gateway for not paying for that PC and causing them to go under.
No, I’m not sure how it happened. I found some default judgements against me searching threw court records; but it wasn’t on my credit at that point. I did expect to be hit by a surprise garnishment or seized tax return. But they never came.
I’m guessing I fell through the cracks during some data migration. I doubt you could pull that off today.
I kinda did that in the early 00’s. Left the US and told creditors* to kick rocks. They basically just wrote it all off. I came back 10ish years later and it was like it never happened. I went to get a loan for a motorcycle when I got back and they told me that since I didn’t have any credit history (wtf?) that it would be a slightly higher interest rate. Now some 15 years after that, I’m a model citizen, credit wise. I’ll save the next time for retirement.
Wait what? Did you find out why you had no credit history rather than a bad one? Did you expect some legal issues when you moved back to the US?
No, I’m not sure how it happened. I found some default judgements against me searching threw court records; but it wasn’t on my credit at that point. I did expect to be hit by a surprise garnishment or seized tax return. But they never came.
I’m guessing I fell through the cracks during some data migration. I doubt you could pull that off today.
Ya I think someone really blessed you lol
I think it resets after 7 years, but I could be wrong and don’t know the specifics of how that works
FCRA and the like. Most things will end up being unreportable after about 7 years, but there are exceptions and gotchas