Does an address change effect your credit score?

Tips and Deals Forums Improving Your Credit Score Does an address change effect your credit score?

This topic contains 5 replies, has 2 voices, and was last updated by  Anonymous 7 years ago.

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  • #208172


    If someone has had their address the same for 7 years and then moves, will that effect their credit score? Please provide proof of your answer.

  • #266415


    No. I’ve moved a number of times. Sometimes the credit bureau didn’t even update the address.

  • #438997


    The obvious reason – you will sell at a huge discount. They will only buy homes that have equity in them – do you have 25-30% or more? If not, fuggedaboutit…..

  • #438998


    They will only give about 50% of the appraised value.

  • #438999


    Funny you should use those terms as most are professional con men. You can sell a house in a day by owner with a sign in the yard if listed at what they will pay. Many of those people are seminar junkies that have no money because Ron Legrand and others like him fleeced them out of it.

  • #439000


    Pro: It sells fast

    Con: It sells for about half of real market value.

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