Categorized | Credit Repair

Tip #59: Always be sure that your creditors know your current address

Posted on 21 August 2008 by NMP Network Administrator

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If you move and forget to inform all your creditors of your new address, you may not get all your bills, making you look like a deadbeat debtor and making your credit score plummet. Make sure that you either close your credit accounts or get your new address and contact information to your creditors.

When you move, make sure that you inform credit card companies, stores you have credit cards with, banks, credit unions, and anyone else you do financial business with. Better yet, also arrange with the post office to have your mail automatically forwarded to you at your new address. This will ensure that any creditors you may have overlooked will still be able to contact you – and you will have a second chance to remind them of your address change.

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