cracowjambo Posted September 12, 2014 Share Posted September 12, 2014 What happens to credit ratings and debt should scotland go independent? Scotland will be a foreign country and I've just read that they don't transfer between countries. As a result of not being able to transfer your credit score overseas, you'll essentially have to build your credit score from scratch - and build up lenders' confidence over time. That's what the site says. So if we vote yes are we all effectively starting over? Link to comment Share on other sites More sharing options...
The_Kincardine Posted September 12, 2014 Share Posted September 12, 2014 What happens to credit ratings and debt should scotland go independent? Scotland will be a foreign country and I've just read that they don't transfer between countries. As a result of not being able to transfer your credit score overseas, you'll essentially have to build your credit score from scratch - and build up lenders' confidence over time. That's what the site says. So if we vote yes are we all effectively starting over? The credit-rating agencies won't give a fig about the outcome of the referendum but will assess your personal credit-worthiness. Your post is scaremongering bollox Link to comment Share on other sites More sharing options...
the snudge Posted September 12, 2014 Share Posted September 12, 2014 What if you have a personal debt with an English company? Would that be transferred to a Scottish one post indy or could I go fucking bananas and run up a huge debt with no repercussions? Link to comment Share on other sites More sharing options...
cracowjambo Posted September 12, 2014 Author Share Posted September 12, 2014 The credit-rating agencies won't give a fig about the outcome of the referendum but will assess your personal credit-worthiness. Your post is scaremongering bollox I want my credit rating to disappear I'm not that much of a idiot I would do something like vote no give me some credit ffs Link to comment Share on other sites More sharing options...
Fotbawmad Posted September 12, 2014 Share Posted September 12, 2014 It will have f**k all effect on a personal level. Link to comment Share on other sites More sharing options...
cracowjambo Posted September 12, 2014 Author Share Posted September 12, 2014 It will have f**k all effect on a personal level. But England don't want us using the pound. So we continue to use there credit rating system? Link to comment Share on other sites More sharing options...
Jambo99 Posted September 12, 2014 Share Posted September 12, 2014 But England don't want us using the pound. So we continue to use there credit rating system? vote yes= all credit wiped. a guy in the boozer said as much. (includes all mortgages- bonus) Link to comment Share on other sites More sharing options...
cracowjambo Posted September 13, 2014 Author Share Posted September 13, 2014 vote yes= all credit wiped. a guy in the boozer said as much. (includes all mortgages- bonus) YAAAAAASSSSSS of it came from a drunk it must be true Link to comment Share on other sites More sharing options...
Casual Bystander Posted September 13, 2014 Share Posted September 13, 2014 See people in France? They have accounts with German banks. People in Spain, hell they have mortgages with British banks. All this, including credit ratings and mortgages and the like, none of it will change, the world of finance might try and unsettle the markets in an attempt to make a quick buck out of the situation but we all will continue to pay bills and get loans and all the rest of that stuff. Some of the stories that go around it's as if the world was about to stop turning as if this "minor entity" was the only thing holding the whole system together. Link to comment Share on other sites More sharing options...
Jambo99 Posted September 13, 2014 Share Posted September 13, 2014 obviously dont concern yourselves with stuff like debt. just spend. as a scot you are entitled to 7million squidillion A YEAR!!!!! facking paradise mate Link to comment Share on other sites More sharing options...
cracowjambo Posted September 13, 2014 Author Share Posted September 13, 2014 obviously dont concern yourselves with stuff like debt. just spend. as a scot you are entitled to 7million squidillion A YEAR!!!!! facking paradise mate I would rather sleep safe at night knowing that the Russians aren't going to invade us than have all that money. Link to comment Share on other sites More sharing options...
p&b is a disgrace Posted September 13, 2014 Share Posted September 13, 2014 It'll be the English that invade us. Why plunder middle eastern oil when we are right on their doorstep with no realistic capability to defend ourselves Link to comment Share on other sites More sharing options...
Highlandmagyar Posted September 13, 2014 Share Posted September 13, 2014 It'll be the English that invade us. Why plunder middle eastern oil when we are right on their doorstep with no realistic capability to defend ourselves Then keep Trident. Link to comment Share on other sites More sharing options...
Hawk89 Posted September 13, 2014 Share Posted September 13, 2014 Standard and Poors already said we'd have a AAA rating and a stronger economy per captia than Germany. Same can't be said for rUK. Link to comment Share on other sites More sharing options...
BlackIsleBud Posted September 13, 2014 Share Posted September 13, 2014 obviously dont concern yourselves with stuff like debt. just spend. as a scot you are entitled to 7million squidillion A YEAR!!!!! facking paradise mate How much debt is the UK currently holding? And how about now? How much now? How much now? How much now? Link to comment Share on other sites More sharing options...
philyerboots Posted September 13, 2014 Share Posted September 13, 2014 What happens to credit ratings and debt should scotland go independent? Scotland will be a foreign country and I've just read that they don't transfer between countries. As a result of not being able to transfer your credit score overseas, you'll essentially have to build your credit score from scratch - and build up lenders' confidence over time. That's what the site says. So if we vote yes are we all effectively starting over? Why start a pointless thread , like it's gonna happen.. Link to comment Share on other sites More sharing options...
philyerboots Posted September 13, 2014 Share Posted September 13, 2014 Can someone tell me why the English think they own the pound? I'll settkle for proof that they can prevent us using it. We'll be using the pound. End of story. You might well do so but the bank of England will tell you how to use it . idiot. Link to comment Share on other sites More sharing options...
philyerboots Posted September 14, 2014 Share Posted September 14, 2014 Will they? Exactly what will they tell us to do? Will they tell us what we can spend on trident, nuclear wars, foreign affairs, education, health, corporation tax, beer prices, law or defence? He wasn't talking about the Bank of England anyway. He was talking about England. There are better people you can call an idiot by the way. You seem to be forgetting you are talking to adults on here. nuclear wars,?? nice 1 to throw in , when was that ? idiot , so far we've not had a nuclear war and given MAD is a given we probably will never have . Just to clear a point. if you enter a partnership with whatever , there is allways a leader , the pound is no different , sure you can beat the drum " But ! But it's our pound to you know. however somewhere along the line someone will call the shots , wanna guess who will do that _____ Yip the same lot who bailed out the shitty/corrupt Royal Bank of Scotland. Now that is a Scottish National Shame.. Link to comment Share on other sites More sharing options...
Anonapersona Posted September 14, 2014 Share Posted September 14, 2014 nuclear wars,?? nice 1 to throw in , when was that ? idiot , so far we've not had a nuclear war and given MAD is a given we probably will never have . Just to clear a point. if you enter a partnership with whatever , there is allways a leader , the pound is no different , sure you can beat the drum " But ! But it's our pound to you know. however somewhere along the line someone will call the shots , wanna guess who will do that _____ Yip the same lot who bailed out the shitty/corrupt Royal Bank of Scotland. Now that is a Scottish National Shame.. So, the US federal reserve? Link to comment Share on other sites More sharing options...
SodjesSixteenIncher Posted September 14, 2014 Share Posted September 14, 2014 If debts and marks on credit files disappeared with Independence, I suuspect the Yes vote would come in at about 90%. Sadly not. Link to comment Share on other sites More sharing options...
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