Making credit histories globally portable, with Misha Esipov (Nova Credit)

I’ve been an international immigrant three times now – into Denmark, into Hong Kong, and into the UK. In each case there was the expected pile of government paperwork to get there, but also then an equally tiresome series of hoops to jump through before you’re considered a full part of the credit economy.

Want a phone contract? What’s your credit history?

Want a lease? What’s your credit history?

Want a credit card? What’s your credit history?

The fortunate immigrants might find themselves having to stump up a year’s expenses upfront, the less fortunate will be borrowing from very expensive informal sources. Until Nova Credit stepped in.

In today’s episode of How to Lend Money to Strangers I speak to Misha Esipov about making credit histories globally portable, and the data that shows international scores to be predictive of credit performance in the United States.

Find out more about Misha and Nova Credit

If you have any feedback, questions, or if you would like to participate in the show, please feel free to reach out to me at brendan@howtolendmoneytostrangers.show

A full written transcript with timestamps can be found at https://www.howtolendmoneytostrangers.show/episodes/episode-11

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