Credit card info in POF

[pizzaboy99]

Ok. So this is a credit score and it is limited in some countries. We have similar here (not in Canada) too. I dont know how detailed the report is, but reading it out is just like CRS, the higher, the better
Low

Yeah, I saw India was on the CIBIL covered countries (mine wasnt). In that case, the risk for hiding information would be too high.
I would not recommend doing that in any case btw

The report lists out every bank account you have, every loan you have taken, every payment you have defaulted on and your entire employment history. I have viewed my own one .

Are you in Canada? If so, isn't the same info available from TransUnion and Equifax?

 

[Lorenc80]

The report lists out every bank account you have, every loan you have taken, every payment you have defaulted on and your entire employment history. I have viewed my own one .

Are you in Canada? If so, isn't the same info available from TransUnion and Equifax?

Not (yet) in Canada
Still in post-ITA phase, preparing docs for the application

 

[pizzaboy99]

Not (yet) in Canada
Still in post-ITA phase, preparing docs for the application

Cool me too, hoping to submit it next week

 

[navinball]

Immigration authorities cannot access cibil scores. Only financial institutions, and for that they need a pan number.

 

[sam3218]

I was perplexed by this question a lot and spend like a billion hours researching it. Even if you don't show credit cards, it will be fine. The main reason CIC states that we need to disclose liabilities is so they can ascertain that we didn't borrow money that's all. If your POF is above the minimum required amount by even 10% - 15% I don't think you have anything to worry about credit cards.

 

[sam3218]

I must add that my eligibility is recommended pass on 24-8-2018 so just the bank statements and balance certificate worked fine for me I guess.

 

[pizzaboy99]

Immigration authorities cannot access cibil scores. Only financial institutions, and for that they need a pan number.

I don't think that is a big hinderance for CSIS and their friends across the border

 

[pizzaboy99]

I was perplexed by this question a lot and spend like a billion hours researching it. Even if you don't show credit cards, it will be fine. The main reason CIC states that we need to disclose liabilities is so they can ascertain that we didn't borrow money that's all. If your POF is above the minimum required amount by even 10% - 15% I don't think you have anything to worry about credit cards.

You don't need to show credit cards, only credit card debt. This is clearly mentioned in IRCC website.

 

[navinball]

I don't think that is a big hinderance for CSIS and their friends across the border

csis deals with security clearances and terrorist threats. It doesn't do checks on credit histories and card debts.

 

[pizzaboy99]

csis deals with security clearances and terrorist threats. It doesn't do checks on credit histories and card debts.

No one knows what exactly is checked in the Security stage. CSIS just generates a report for IRCC and in that data, data of your debts could easily be there. If you were screening someone to determine their security risk, wouldn't you access their bank records to see if there are any suspicious transactions?