Moving to a new home can be physically and mentally challenging.  Most people don’t stop to consider that there are potential credit risks involved with changing your physical address. Everything from letting your credit card company know that you have a new address to updating utility information and keeping track of your spending can all affect your credit score.

Notify your creditors

Notifying your creditors that you will have an address change may take some time, but it helps ensure all bills and correspondence are sent to the right location. Otherwise, you can run the risk of paying a bill later or missing the payment entirely. Your on-time payments are a key factor in determining your credit score. Visit your local post office or the United States Postal Service’s website to have your mail forwarded.  Read more about this at

Monitor your credit report

There are still identity thieves who do not mind going through someone else’s garbage to steal personal information, such as utility bills, credit cards, medical insurance information and bank statements. There is always a possibility, even though you have canceled services, that mail containing your personal information will find its way to your prior address. Monitoring your credit report can help you stay on the alert for key changes to your report that may indicate identity theft.

Guard your address

During a move, you’re more vulnerable to identity fraud because sensitive information might be sent to an address where you no longer live. The solution? Don’t just change your address through the post office — do it at the websites of your current banks, credit cards and other accounts as well. So you don’t miss a bill or offer. Read more at

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