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Moving

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Noctilum
Frequent Contributor

Moving

Is it correct to say the act of moving from one place to place does not affect your FICO score, but rather what is involved (credit checks for lease, utilities, cable, etc)?  So if you move from place to place, and do not have to have credit checks (lets say you are rooming with someone you know), the address change on your credit report will not affect your score?

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MarineVietVet
Moderator Emeritus

Re: Moving


@Corvidae wrote:

Is it correct to say the act of moving from one place to place does not affect your FICO score, but rather what is involved (credit checks for lease, utilities, cable, etc)?  So if you move from place to place, and do not have to have credit checks (lets say you are rooming with someone you know), the address change on your credit report will not affect your score?


This is correct. Just the act of moving has absolutely no impact on your score. Where you live is not part of the scoring formula.

 

 

 

From a BK years ago to:
EX - 3/11 pulled by lender- 835, EQ - 2/11-816, TU - 2/11-782

"Some people spend an entire lifetime wondering if they've made a difference. The Marines don't have that problem".

 

 

 


 

Message 2 of 4
AndySoCal
Valued Contributor

Re: Moving

An additonal thought on the subject moving. If you utilities, cable related bills you might want to set up for those accounts to be charged to your credit card. I have read several posts about a bill not being received /thought all lthe bills were paid and  the acocunt going to collection. The landlord you may want to give them a way to contact you after you move  just in case if applicable.

FICO Scores XPN v8 802 V2 831 (SDFCU) TUC 803 v8 EFX 807 (10/2023)
Discover 09/90 19,000, JCPenney 10/2008 4,700 US Bank Cash+ 12,000 Citibank Custom Cash 5/2015 11,100 C State Dept. FCU 15,000 06/2023 , 02/2024 Redstone FCU Signature VISA 10,000 Banking: Ally Bank Credit Unions: Lafayette FCU Quorum FCU State Department FCU State Department FCU Pelican State CU Redstone FCU

Message 3 of 4
Noctilum
Frequent Contributor

Re: Moving

Luckily all my service providers are pretty modern and automatically withdrawl from my checking account, including my closing costs.  They don't want to rely on you sending payment if they don't have to as they want their money when they ask for it Smiley Happy

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