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I'll be moving into a temporary housing for an unknown period, though most likely it'll be less than 12 months. I was wondering if I should change my address with all of my banks, credit card companies, etc or if I should just utilize my USPS forwarding service. Most of my bills are sent electronically anyway, so most likely I'll get the bill paid, but wondering if it matters for credit reasons if I am changing my address 2x in 12 months.

Of course, if I apply for credit, I'll use the address I have on file, but wondering if there are any issues if I don't update my address right away.

Member Summary

There is some info out there that Fair Isaac (the people who do FICO scores) look to see how often someone moves when they calculate the credit score. The thought is ...if you move frequently, you may not be as secure as someone who rarely moves. I have never seen this confirmed officially from Fair Isaac but it makes sense and a lot of websites/blogs have data that can support the claim. The decrease in points is typically 1 to 2 points. Very minor!


If I was you, I would change my address with all of the companies to prevent my mail getting lost and/or delayed by USPS but this is such a minor issue…do whatever makes you happy.

Your porno mags will be delivered to your old address.

If you put in a change of address with USPS that information is now open to mail processors. The bank can get your new address as part of their address updates, and they may change your address automatically. Proceed with caution if this is not what you want to do.

Thanks, the thing is - most of my "bills and statements" are delivered electronically, so most likely I'll get it. Regarding the mags - 1) who still subscribes to porno mags with the advent of the intertubes and 2) I see no problem telling them my new address, I would just like to prevent the credit agencies with my new address if at all possible.

Stubtify said:   If you put in a change of address with USPS that information is now open to mail processors. The bank can get your new address as part of their address updates, and they may change your address automatically. Proceed with caution if this is not what you want to do.

ah.... thanks. this i did not know.

Ever had a intertubes/power outage? It's always good to have the latest issue handy.

I went with a PMB a few years ago and haven't looked back since. Even got the DMV to put the PMB on my license.

hdpq said:   I'll be moving into a temporary housing for an unknown period, though most likely it'll be less than 12 months. I was wondering if I should change my address with all of my banks, credit card companies, etc or if I should just utilize my USPS forwarding service. Most of my bills are sent electronically anyway, so most likely I'll get the bill paid, but wondering if it matters for credit reasons if I am changing my address 2x in 12 months.

Of course, if I apply for credit, I'll use the address I have on file, but wondering if there are any issues if I don't update my address right away.

Alot of new debit/credit cards that are mailed will be returned to sender rather than forwarded. That's the biggest issue you may have.

Yeah, won't be applying for a new credit card anytime soon, but I can see a situation where I lose my card and need to get it replaced. Then I'll get the stink eye when I ask for a change of address AND a new card....


pavi123 said:   Try http://travelingmailbox.com/This was not the question. OP wanted to know if changing his address two times in 12 months would affect credit score or if should use USPS mail forwarding service

Then it was pointed out USPS would provide updated address to mailers. Your approach has OP locked into permanently paying

I moved 4 times a year for the last 9 years ending in Oct 2011 for work, and always forwarded my mail. I had to list my addresses for a passport thingy and almost killed myself before I finished.
My credit report only shows 1 address change in the last 9 years, when I stupidly gave my (then)present address instead of the permanent one when applying for AMEX.
Just frwd and use your permanent addy when applying for credit cards, they always forwarded mine, Chase, Citi, AMEX no problem.

Stubtify said:   If you put in a change of address with USPS that information is now open to mail processors. The bank can get your new address as part of their address updates, and they may change your address automatically. Proceed with caution if this is not what you want to do.

this

I can confirm that banks (most major banks if not all) do automatically-update your address as part of the regular address-feeds they receive USPS.

Venturion said:   I went with a PMB a few years ago and haven't looked back since. Even got the DMV to put the PMB on my license.

I agree. Utilizing a PMB (Private Mail Box) is the way to go. That way you never have to provide an address change. There can be some tax advantages too by having a PMB.

busnut said:   Venturion said:   I went with a PMB a few years ago and haven't looked back since. Even got the DMV to put the PMB on my license.

I agree. Utilizing a PMB (Private Mail Box) is the way to go. That way you never have to provide an address change. There can be some tax advantages too by having a PMB.


I think Travellingmailbox is one step ahead of PMB. You don't even have to visit any location, they would scan and email and forward if needed. I haven't used this service yet, however planning to try it out. The only downside is around $20 monthly.



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