wrong address on credit file any ideas?

Rrushi_Shqiptar

I have just checked my CR with Experian and found that on 6 of my settled accounts the wrong address appears, it was my address but after the loans. I never had any loans while at this address. I have moved again since.

Is this having any great affect on my file or not?

james.maperson

Sounds like you opened the loans at an old address, then moved to the address you saw on the accounts at, where you then paid them off? They therefore stay settled for six years, at the address you closed them at. No problem at all with that, and well run settled accounts will help you get further credit. Only thing to worry about with accounts at previous addresses is if they are active - lenders sometimes worry that someone opened credit in your name after you moved, or that you are trying to hide records from them.

Rrushi_Shqiptar

james.maperson wrote: »

Sounds like you opened the loans at an old address, then moved to the address you saw on the accounts at, where you then paid them off? They therefore stay settled for six years, at the address you closed them at. No problem at all with that, and well run settled accounts will help you get further credit. Only thing to worry about with accounts at previous addresses is if they are active - lenders sometimes worry that someone opened credit in your name after you moved, or that you are trying to hide records from them.

Thanks for that, only problem is I settled them at the previous address, not the one registered on the loan

james.maperson

Yes, as mentioned there is no issue if they are closed at a subsequent address. A lender wouldn't expect you to stay in the same property until you've fully paid off the loan agreement. People move a lot nowadays