Does removing old addies make it easier to get old accounts removed?

[christopherchase]

Just got a ton of old addies removed and was wondering how much this helps me in my battles with the CRA's getting bad accounts that were linked to those addresses off....

 

Anyone?

[BubbaG]

Yes, it helps immensely, especially if your baddies are matched with the old addresses which were removed.

 

Here is how it works:

 

There is a lot of information about each baddie on your file. The baddie includes your

 

Name

SSN

Account Number

Address

 

If all your information matches, the software makes the decision, " Well, if all this information matches it is probably that person's account ".

 

Remove the matching address and the software is designed to say " this does not match, so we'll go to the actual source of the information, the furnisher, to verify ". This is verification far more expensive than merely allowing the software to check their database so the CRA does not want to spend the money unless they have to.

 

If you have deleted the matching addresses, they are forced to spend the extra time and money to truly verify the information.

 

If the furnisher does not respond to the request, the baddie must be deleted

If there is a delay in the furnisher's response beyond 30 days, the baddie must be deleted

If the furnisher no longer has a business relationship with the CRA, the baddie must be deleted

If the furnisher does not want to spend the money to manually or electronically respond, the baddie must be deleted.

[Jen23514]

what bubba said

[kpb]

What if a typo address is associated and then removed? One bad tradeline on exp has no address associated, because the typo was associated with it and is now removed. The CA is still stuck there...any chance on the next update it goes away?

Edited November 15, 2008 by kpb

[Jen23514]

What if a typo address is associated and then removed? One bad tradeline on exp has no address associated, because the typo was associated with it and is now removed. The CA is still stuck there...any chance on the next update it goes away?

 

it won't just "go away"..... you have to dispute it properly.

[BubbaG]

What if a typo address is associated and then removed? One bad tradeline on exp has no address associated, because the typo was associated with it and is now removed. The CA is still stuck there...any chance on the next update it goes away?

 

Then, especially, your chances of a deletion are better, simply because the address is not on their system WHEN THE DISPUTE IS RECEIVED. The software does it matching as soon as the dispute is received, so it could be instantly deleted when it does not match.

 

If the furnisher does actually respond, most likely they will have the incorrect address and it would then likely be added back in to the file with the same wrong address after verification.

 

But the point is that often does not happen because of the many reasons a furnisher does not respond, as stated above.

[kpb]

lol, I did. I'll save that for a separate thread. I'd just find it funny if a glitch caused it to go bye bye if they cannot match an address.

[BubbaG]

lol, I did. I'll save that for a separate thread. I'd just find it funny if a glitch caused it to go bye bye if they cannot match an address.

 

Funny? Yeah, it sure is. But that is one of the best ways to get baddies removed....it is a vitally important bit of information to match, and when it does not match, the chances of a deletion are much greater.

[kpb]

Sorry, the reason I said it'd be funny is because my method (which would not work) would not be an old addy removal, rather a typo removed...the idea that the CA would not be able to keep it on because they had a typo...and it vanished, would make me laugh. Not the idea you presented. Sorry.

[BubbaG]

Sorry, the reason I said it'd be funny is because my method (which would not work) would not be an old addy removal, rather a typo removed...the idea that the CA would not be able to keep it on because they had a typo...and it vanished, would make me laugh. Not the idea you presented. Sorry.

 

That IS funny! And effective, once armed with the knowledge...

 

[curly]

Bubba is exactly right! This was the major factor in my very quick credit repair success.

[GEORGE]

Watch out for unintended consequenses when disputing ACCURATE ADDRESSES

[Daddy]

Watch out for unintended consequenses when disputing ACCURATE ADDRESSES

 

Can someone explain what these consequences may be? Is it the same/worse than disputing inquiries?

[GEORGE]

Watch out for unintended consequenses when disputing ACCURATE ADDRESSES

 

Can someone explain what these consequences may be? Is it the same/worse than disputing inquiries?

LOST POSITIVE ACCOUNTS

 

FRAUD ALERT

[Jen23514]

Watch out for unintended consequenses when disputing ACCURATE ADDRESSES

 

Can someone explain what these consequences may be? Is it the same/worse than disputing inquiries?

 

if they are OLD (read: not current).... the worst that can happen is a FA, but that's rare.

[johnsondawgs]

How do you get Experian to remove the old addresses? TU and EQ remove them right away but EX will not budge.

[BubbaG]

How do you get Experian to remove the old addresses? TU and EQ remove them right away but EX will not budge.

 

It ain't easy. They break the law each and every day with this, and thus far no one I know about has yet to file suit to get them to comply with the law.

 

Have you read this thread in its entirety?

 

Hints in deleting old addresses

[beautyofitall]

I have many good accounts tied to an address, and one collection; is it worth removing to get that collection removed? I haven't lived at that address for 5+ years

[BubbaG]

I have many good accounts tied to an address, and one collection; is it worth removing to get that collection removed? I haven't lived at that address for 5+ years

 

It depends on a range of things. If that address is reporting on Experian, then it is probably not worth it. It also depends on whether the good accounts are good CLOSED accounts or good OPEN accounts.

 

If it is good closed accounts then that is precisely the riskiest old address to remove--sometimes removing that address results in losing the entire account from your credit report. So if they are good closed accounts I would simply delete the single collection with the CRA as inaccurate without touching the address. If the good accounts are being reported actively, then disputing the address might remove it from your reports long enough to dispute the collection off. Once the collection is gone, the good account furnishers will report again, and the address might go right back on to your report.

 

Clear as mud?

[Sourgirl32]

great tips,bubba. Hope it works for me

[BubbaG]

great tips,bubba. Hope it works for me

 

Me too. You can become our poster girl.....

 

[Sourgirl32]

[BubbaG]

A few more details about address removal:

 

When they won't remove the address, that usually means they specifically want it there because they can save money by not really doing an investigation. You think they are doing an investigation with the furnisher, but they aren't.

 

You send a dispute and their software matches the name, SSN, address, account number, and spits out a " verification " letter in your direction. Take out the address from their files and they have to do a real verification, send a letter to the furnisher, communicate electronically with them, etc...it takes a lot more effort and money with all those disputes....

[AdvoMommyof1]

When disputing old addresses should one always dispute via letter?

[Nelly16]

When disputing old addresses should one always dispute via letter?

 

I'd actually like to know this too...I transferred schools in college and have several addresses I need to remove and wonder if I should call or send letters.