Do You Need to Update the Address on Your Credit Report?

Dear GLP,

As long as you have open credit accounts, you don't need to notify Experian that your address has changed. You should provide your new address to each of your creditors, which will in turn update the address on your accounts.

The new address will be reported to Experian when the lenders update your account history. Updates are usually made after the end of the billing cycle, so you should allow at least 30 to 45 days for the new address to be added.

If you need your new address to appear on your credit report sooner, you can submit documentation to Experian showing proof of your new address, such as a copy of your electric bill or bank statement along with a copy of your photo ID. Simply let Experian know you would like to have your new address added to your credit history.

Address Information Has No Impact on Credit Scores

Addresses have no impact on your creditworthiness or your credit scores, so removing former addresses won't help or hurt your score. Any previous addresses reported to Experian will remain on your report as part of your identifying information, including P.O. boxes, work addresses or the address of someone you have a joint account with. Once your creditors report your new address, it will be shown as the most recent and current address on file.

What if There Is an Unfamiliar Address on My Report?

If you see an address you do not recognize on your credit report, contact Experian to dispute the information. While some variations of your current or previous addresses may appear as a result of typographical errors, an address you do not recognize at all can sometimes be an indicator of potential credit fraud or identity theft. Review your credit report carefully and notify Experian right away if you believe there are fraudulent items appearing on your credit report.

Thanks for asking.

Jennifer White, Consumer Education Specialist