Many people from abroad have trouble getting loans or renting apartments when they first arrive in the US because they have no US credit history. Nova Credit changes this by providing lenders and landlords with overseas credit data they can use to accurately evaluate immigrant customers.
Your Nova credit report gets used as one of many inputs to your loan or apartment application. By attaching your overseas credit file to your application, you provide an additional data source that can bolster your application. It is up to your lender or landlord to decide how she wants to use your data.
If you’ve lived outside the US, you could have an overseas financial history available through Nova. Whether you’re an immigrant to the US, returning expat, or an overseas resident, if you’ve built credit abroad, we’re here to help. Typically, lenders or landlords use our data to help people who have recently moved to the US and haven’t had the chance to build their credit profile here. Nova currently provides data from credit bureaus in India, Mexico, the United Kingdom, and Australia, but we’re rapidly adding more so feel free to check back with us every couple of months.
Nova takes data security very seriously. When you interact with Nova we encrypt your connection with the latest and highly secure encryption standards (TLS 1.2+). Our data servers also have firewalls and other safeguards in place to protect your data from unauthorized access.