{"id":223,"date":"2015-01-27T04:04:09","date_gmt":"2015-01-27T04:04:09","guid":{"rendered":"http:\/\/capitaltaxltd.com\/japan\/?p=223"},"modified":"2021-02-17T13:42:07","modified_gmt":"2021-02-17T13:42:07","slug":"how-to-protect-your-credit-score-while-living-abroad-in-japan","status":"publish","type":"post","link":"https:\/\/www.capitaltaxltd.com\/japan\/2015\/01\/27\/how-to-protect-your-credit-score-while-living-abroad-in-japan\/","title":{"rendered":"How To Protect Your Credit Score While Living Abroad In Japan"},"content":{"rendered":"<div style=\"padding-bottom:20px; padding-top:10px;\" class=\"hupso-share-buttons\"><!-- Hupso Share Buttons - https:\/\/www.hupso.com\/share\/ --><a class=\"hupso_counters\" href=\"https:\/\/www.hupso.com\/share\/\"><img decoding=\"async\" src=\"https:\/\/static.hupso.com\/share\/buttons\/share-small.png\" style=\"border:0px; padding-top:2px; float:left;\" alt=\"Share Button\"\/><\/a><script type=\"text\/javascript\">var hupso_services_c=new Array();var hupso_counters_lang = \"en_US\";var hupso_image_folder_url = \"\";var hupso_url_c=\"\";var hupso_title_c=\"How%20To%20Protect%20Your%20Credit%20Score%20While%20Living%20Abroad%20In%20Japan\";<\/script><script type=\"text\/javascript\" src=\"https:\/\/static.hupso.com\/share\/js\/counters.js\"><\/script><!-- Hupso Share Buttons --><\/div><p>When you\u2019re living in Japan, you still need to protect your credit score back home. If you lose or damage your credit history while in Japan, it\u2019s going to create problems when you go back. For example, you might struggle to qualify for a mortgage or car loan. Fortunately, it only takes a little bit of work to maintain your credit score while abroad.<\/p>\n<p><b>Keep your old credit cards active<\/b><\/p>\n<p>A big part of your credit score is the length of your credit history. Lenders prefer to see years of history where you\u2019ve consistently made your credit card payments on-time. That\u2019s why you should keep your old credit cards open when you\u2019re living in Japan even if you don\u2019t use them that often. If you shut down your cards while you\u2019re abroad, you\u2019ll be starting over from scratch when you go back home. Any history you built up before you left will be lost.<\/p>\n<p>You don\u2019t have to use your cards often to keep them active. If you make one or two small purchases a year and pay them off right away, you\u2019ll be doing enough to keep your accounts open while building up good credit history.<\/p>\n<p><b>Track and pay bills online<\/b><\/p>\n<p>The internet makes it extremely easy to maintain your credit card while living abroad. Most credit card companies give you online access to check on your account so you can keep track of your purchases and see when payment is due every month. You can also pay your bills online by transferring money from an online bank account. That way you won\u2019t have to worry about mailing checks from Japan.<\/p>\n<p><b>Have a friend or family member collect your statements<\/b><\/p>\n<p>While you\u2019re living abroad, you should change the mailing address for your credit card bills so they go to a family member or friend who is still living at home. This way you\u2019ll have someone who can keep an eye on the paperwork in case something important comes up. Also, credit card companies require that you have a domestic mailing address on your account and usually won\u2019t accept a PO Box.<\/p>\n<p><b>Rebuild with American Express or a secured credit card<\/b><\/p>\n<p>If this information is coming to you too late and you\u2019ve already shut down your credit cards, don\u2019t worry. You\u2019ll be able to recover. It\u2019ll just take a little more work. If you can qualify for a credit card in Japan, one option is to open an account with American Express. American Express transfers information between different countries so building credit with this card in Japan will help you when you go back home.<\/p>\n<p>If this isn\u2019t an option, you might not be able to qualify for a regular credit card or loan when you return home. You might need to open up a secured credit card instead. This is a credit card where you need to make a deposit to back up the line of credit. This card still builds your credit history though and can be your way to rebuild so you can get back to normal.<\/p>\n<p>You worked hard to build up credit so don\u2019t let this work go to waste. With a little planning, you can maintain your credit while you\u2019re in Japan so you can return home in good financial shape.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>When you\u2019re living in Japan, you still need to protect your credit score back home. If you lose or damage your credit history while in Japan, it\u2019s going to create problems when you go back. For example, you might struggle to qualify for a mortgage or car loan. Fortunately, it only takes a little bit [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":227,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":{"0":"post-223","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-articles","8":"entry"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v15.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<meta name=\"description\" content=\"When you\u2019re living in Japan, you still need to protect your credit score back home. If you lose or damage your credit history while in Japan\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.capitaltaxltd.com\/japan\/2015\/01\/27\/how-to-protect-your-credit-score-while-living-abroad-in-japan\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How To Protect Your Credit Score While Living Abroad In Japan -\" \/>\n<meta property=\"og:description\" content=\"When you\u2019re living in Japan, you still need to protect your credit score back home. If you lose or damage your credit history while in Japan\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.capitaltaxltd.com\/japan\/2015\/01\/27\/how-to-protect-your-credit-score-while-living-abroad-in-japan\/\" \/>\n<meta property=\"og:site_name\" content=\"Capital Tax K.K.\" \/>\n<meta property=\"article:published_time\" content=\"2015-01-27T04:04:09+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-02-17T13:42:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.capitaltaxltd.com\/japan\/wp-content\/uploads\/sites\/3\/2015\/01\/creditcards.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"470\" \/>\n\t<meta property=\"og:image:height\" content=\"314\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\">\n\t<meta name=\"twitter:data1\" content=\"3 minutes\">\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.capitaltaxltd.com\/japan\/#website\",\"url\":\"https:\/\/www.capitaltaxltd.com\/japan\/\",\"name\":\"Capital Tax K.K.\",\"description\":\"Japan Company Setup, Accounting &amp; Tax\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":\"https:\/\/www.capitaltaxltd.com\/japan\/?s={search_term_string}\",\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/www.capitaltaxltd.com\/japan\/2015\/01\/27\/how-to-protect-your-credit-score-while-living-abroad-in-japan\/#primaryimage\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/www.capitaltaxltd.com\/japan\/wp-content\/uploads\/sites\/3\/2015\/01\/creditcards.jpg\",\"width\":470,\"height\":314,\"caption\":\"creditcards\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.capitaltaxltd.com\/japan\/2015\/01\/27\/how-to-protect-your-credit-score-while-living-abroad-in-japan\/#webpage\",\"url\":\"https:\/\/www.capitaltaxltd.com\/japan\/2015\/01\/27\/how-to-protect-your-credit-score-while-living-abroad-in-japan\/\",\"name\":\"How To Protect Your Credit Score While Living Abroad In Japan -\",\"isPartOf\":{\"@id\":\"https:\/\/www.capitaltaxltd.com\/japan\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.capitaltaxltd.com\/japan\/2015\/01\/27\/how-to-protect-your-credit-score-while-living-abroad-in-japan\/#primaryimage\"},\"datePublished\":\"2015-01-27T04:04:09+00:00\",\"dateModified\":\"2021-02-17T13:42:07+00:00\",\"author\":{\"@id\":\"https:\/\/www.capitaltaxltd.com\/japan\/#\/schema\/person\/b5c22478091bcd2993a2ef142e8fb0d0\"},\"description\":\"When you\\u2019re living in Japan, you still need to protect your credit score back home. If you lose or damage your credit history while in Japan\",\"breadcrumb\":{\"@id\":\"https:\/\/www.capitaltaxltd.com\/japan\/2015\/01\/27\/how-to-protect-your-credit-score-while-living-abroad-in-japan\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.capitaltaxltd.com\/japan\/2015\/01\/27\/how-to-protect-your-credit-score-while-living-abroad-in-japan\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.capitaltaxltd.com\/japan\/2015\/01\/27\/how-to-protect-your-credit-score-while-living-abroad-in-japan\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"item\":{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.capitaltaxltd.com\/japan\/\",\"url\":\"https:\/\/www.capitaltaxltd.com\/japan\/\",\"name\":\"Home\"}},{\"@type\":\"ListItem\",\"position\":2,\"item\":{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.capitaltaxltd.com\/japan\/2015\/01\/27\/how-to-protect-your-credit-score-while-living-abroad-in-japan\/\",\"url\":\"https:\/\/www.capitaltaxltd.com\/japan\/2015\/01\/27\/how-to-protect-your-credit-score-while-living-abroad-in-japan\/\",\"name\":\"How To Protect Your Credit Score While Living Abroad In Japan\"}}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.capitaltaxltd.com\/japan\/#\/schema\/person\/b5c22478091bcd2993a2ef142e8fb0d0\",\"name\":\"Eric La Cara\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/www.capitaltaxltd.com\/japan\/#personlogo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/8b052972fcf1e23b99eb15b2e1f078d4?s=96&d=blank&r=g\",\"caption\":\"Eric La Cara\"},\"description\":\"Managing Partner and Tax Practice manager for Capital Tax in Vancouver and Tokyo. Eric is a U.S. and Japan Personal &amp; Corporate tax specialist with more than 15 years of experience in the area of cross-border structuring and taxation. Eric is charged with developing Capital Tax overall operations and strategic direction using the business and technical skills he has acquired during his professional career in Asia.\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.capitaltaxltd.com\/japan\/wp-json\/wp\/v2\/posts\/223","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.capitaltaxltd.com\/japan\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.capitaltaxltd.com\/japan\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.capitaltaxltd.com\/japan\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.capitaltaxltd.com\/japan\/wp-json\/wp\/v2\/comments?post=223"}],"version-history":[{"count":1,"href":"https:\/\/www.capitaltaxltd.com\/japan\/wp-json\/wp\/v2\/posts\/223\/revisions"}],"predecessor-version":[{"id":509,"href":"https:\/\/www.capitaltaxltd.com\/japan\/wp-json\/wp\/v2\/posts\/223\/revisions\/509"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.capitaltaxltd.com\/japan\/wp-json\/wp\/v2\/media\/227"}],"wp:attachment":[{"href":"https:\/\/www.capitaltaxltd.com\/japan\/wp-json\/wp\/v2\/media?parent=223"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.capitaltaxltd.com\/japan\/wp-json\/wp\/v2\/categories?post=223"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.capitaltaxltd.com\/japan\/wp-json\/wp\/v2\/tags?post=223"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}