cryptohunter
Active member
- PPF Points
- 2,738
Having an offshore bank account in itself does not affect a person's credit score. However, if the account is used to engage in illegal activities such as tax evasion or money laundering, this could result in legal action which could negatively impact a person's credit score. Additionally, if the offshore bank account is used to make payments or loans in the account holder's country of residence, this activity may be reported to credit bureaus and could affect the credit score. It's important to note that credit scoring systems and reporting practices vary by country, so the impact on credit score can vary.
