Credit card name

[GhostOfAmazon]

Address changes are NOT calculated in credit scores, EVER.

FICO Credit Score Chart: How credit scores are calculated

BUT, they are LISTED. Therefore, a human being can see your address history, and thus, COULD be viewed in a negative way, since a human is looking at it.

Since debit cards can be used the same way, and most DO NOT report to the credit bureaus, since they aren't offering you credit. Therefore DEBIT CARDS can be used in the exact same way, with 0 impact on your credit in any way, shape, or form.

At this point, I'd like to suggest the above bickering posts be deleted, as they serve no real purpose and COULD lead to member confusion, as I did originally suggest using credit cards, which, when applying for a mortgage, COULD have an adverse affect on the bankers decision to give you a loan.

Given that debit cards work the same without any of the disadvantages mentioned above, they are a viable alternative during the interim of the Amazon Gift Card situation.

But make sure to TURN OFF "overdraft protection" or it's equivalent.

The only disadvantage to using debit cards is that they are attached to your real name. IF Amazon ever decided to verify with the bank your name, they COULD reasonably discover your real identity. Possibly. It's up to the individual banks privacy policy whether or not they reveal that info.

[JamesNorth101]

I give up.... Its not bicking, its you giving out what I think is pretty bad advise and refussing to believe otherwise. Déjà vu

By all means change your address many times in a year. When the bank asks why you changed your address 8 times last year and refuses to give you a loan or mortgage you can have this argument with them.

Also to clear up a point. Your saying that a debit card is in your name but a credit card is not? You sure about that one?

And banks will not share infomation with PayPal/eBay/Amazon. Please do not suggest otherwise.

[GhostOfAmazon]

Originally Posted by JamesNorth101

I give up.... Its not bicking, its you giving out what I think is pretty bad advise and refussing to believe otherwise. Déjà vu

Ugh.....seriously James? Do you really not understand me or are you just trying to use straw man tactics?

By all means change your address many times in a year. When the bank asks why you changed your address 8 times last year and refuses to give you a loan or mortgage you can have this argument with them.

I just said: In light of the info you pointed out, I DO NOT recommend changing your credit card address without good reason. I DO NOT recommend it! I agreed with you! Debit cards DO NOT report to credit bureaus! They don't issue credit for DEBIT cards, and therefore address changes aren't added to your file! Unless you're getting a loan from the SAME BANK you changed the address with, other banks will NOT know you changed your address!

Also to clear up a point. Your saying that a debit card is in your name but a credit card is not? You sure about that one?

No, never said that. Never even implied it. Really not sure where you got that idea. ALL banks have REAL INFO. This is per the 2001 PATRIOT Act in the USA. No knowledge of other countries.

And banks will not share infomation with PayPal/eBay/Amazon. Please do not suggest otherwise.

I never said they did. Someone in the other thread (the Jeff thread) said that Amazon MIGHT be able to call and verify the name on a credit/debit card. I don't know, never worked at a bank. Maybe they do, maybe they don't. If they don't, great! Not asserting they do.

[JamesNorth101]

As I pointed out debit cards are linked to current accounts. Current accounts DO report to credit bureau (in the UK)

The only disadvantage to using debit cards is that they are attached to your real name.

Infers that the credit card has the advantage of not using a your real name.

I never said they did

Amazon MIGHT be able to call and verify the name on a credit/debit card

IF Amazon ever decided to verify with the bank your name, they COULD reasonably discover your real identity. Possibly. It's up to the individual banks privacy policy whether or not they reveal that info.

They cannot do this.

[GhostOfAmazon]

Originally Posted by JamesNorth101

As I pointed out debit cards are linked to current accounts. Current accounts DO report to credit bureau

I live in the USA, I have NEVER had a debit card, checking account, nor savings account reported on ANY of my credit reports (FICO, Transunion, Equifax, or Experian). I check my reports once per year (by law, the agencies are required to offer 1 free report from each bureau every year) Maybe they do in the UK. If so, then my apologies for assuming otherwise.

Infers that the credit card has the advantage of not using a your real name.

I can see where you were misunderstanding. I was comparing them to Gift Visas/Mastercards, not credit cards. Gift cards can be in any name you choose.

They cannot do this.

Then this just proves my point. It's a very viable alternative to use a debit card in place of a gift card.

[dealagreeproceed]

[QUOTE=GhostOfAmazon;679396]WHAT??!?! The USA isn't the center of the universe? Bu---but----'MERICA!

[AmazonAgain]

Can I put the business name instead of an actual name for the card? The bank account is a business account registered to the business name.

[jeffweico]

When I had posted in another thread about ADDING an address, I was not referring to changing the primary address on your credit cards.

I don't have any idea if this will work in the UK, but in the US, some merchants will not ship to ANY address other than the address associated with the credit card, which is verified by using the AVS system.

This happened to me on Newegg when I was a new customer there. I wanted the stuff shipped to my office. They told me to call my bank and add my office address as an authorized address on the card. I had never heard of that, but I called my bank and they added the address. My statements still came to my home, and it did NOT affect my credit or anything else.

I was NOT suggesting that you call your bank every month and change your primary address. THAT would start to have an affect on your credit, not to mention the bank may become skeptical of dealing with you. But there could be MANY reasons for adding an address - you are shipping to a friend or relative, an office, etc.

I am also not CERTAIN this will work for Amazon - it was just a thought I was putting out there.

One of my other thoughts is that Amazon may not be banning gift cards per-se, but that they COULD be banning any cards that will not give a FULL AVS verification, such as Vanilla Visa which only verifies based on ZIP Code. But that is just my THEORY.

[GhostOfAmazon]

Originally Posted by jeffweico

When I had posted in another thread about ADDING an address, I was not referring to changing the primary address on your credit cards.

Sorry about that Jeff, I hadn't intended to put words in your mouth. That was a misunderstanding on my part.

I was NOT suggesting that you call your bank every month and change your primary address. THAT would start to have an affect on your credit, not to mention the bank may become skeptical of dealing with you. But there could be MANY reasons for adding an address - you are shipping to a friend or relative, an office, etc.

You can change your address online for 99% of banks/credit cards. It's 2015. Phones are pretty much obsolete. Also, the only effect changing your address has on your credit (in the US an UK, I have NOT researched other countries) is that it shows these as "previously associated addresses" when your credit report is pulled. It has NO affect on your credit "score" which is the PRIMARY source banks and other lenders use to decide whether to lend you or not, and what your interest rate is. The effect it WOULD have would be when applying for a mortgage, since usually these loans are 10 - 30 years, they want to know you're stable, and that you're comfortable being in one place for a LONG time.

I am also not CERTAIN this will work for Amazon - it was just a thought I was putting out there.

I have tested this on Amazon, eBay and PayPal as a BUYER. I had no issues. I haven't yet tried it as a SELLER. More testing is needed before anyone jumps to conclusions as whether or not this is a viable method.

[GreenBean]

GOA, if you did not intend to put words into anyone's mouth, why did you quote this thread elsewhere to bring attention to shady advice?

You are not taking into account a factor of the Credit industry of either the USA or UK.

Humans look at activity of customers.

Humans can be put off by much of what you suggested as being viable to work.

As such, again, you have created issues

[GhostOfAmazon]

Originally Posted by GreenBean

GOA, if you did not intend to put words into anyone's mouth, why did you quote this thread elsewhere to bring attention to shady advice?

You are not taking into account a factor of the Credit industry of either the USA or UK.

Humans look at activity of customers.

Humans can be put off by much of what you suggested as being viable to work.

As such, again, you have created issues

I specified HUMANS only look at accounts in the USA under 2 conditions:

The loan you're applying for is large enough to warrant it (i.e. mortgage) OR your trying to get a "reconsideration" after being rejected by the computer the first time.

In the US, 90% of loans are NEVER seen by a human. The numbers are crunched by a computer and address does NOT affect those calculations. Educate yourself before mouthing off to me. Thought you would have learned that by now.

[koolio97]

Not only that, but isn't anyone concerned about personal bank information being sent to the "stealth address" that you change it to? I've been sent all kinds of letters/notices/etc through MAIL even when all my account settings are setup as PAPERLESS. I would think that an address change would also increase the chance of some kind of notice being sent out with your PERSONAL INFORMATION to a random "stealth" address. This is a big "no no"...definitely something that I would not want to risk at all. There has to be a solid solution to this. So much destruction is being done with this new change in Amazon's "security". Merchant sellers are now even having problems with their VCCs/AVSs for the first time ever! Right now, the only 100% safe solution that I see is to just continue trying random prepaid cards, especially those issued by small credit unions as a lot of people have suggested, and hope that Amazon hasn't blacklisted them yet. There are so many threads about this right now, but NO REAL 100% SAFE SOLUTION yet. I'm counting on my team on here to find an answer...and soon! Come on! We can do it guys!

Originally Posted by JamesNorth101

Point is, changing addresses does affect your credit score, credit rating, whatever it is in the UK.... < Fixed

Show me an example of someone in the know saying that constant address changes has no effect on credit worthiness. So far the only link you have show says that the address itself does not affect credit worthiness. And that is true, the address itself will not efect the way a lender views an aplicant becuase there is no such thing as a black listed address. Constantly changing an address WILL effect the way lenders view an applicant.

Current accounts and savings accounts are also very different.

A saving account and a basic account are more similar

A debit card is often linked to a current account and current accounts do report to the credit bureaus. The debit card itself will not, but in order to change the address on the debit card the address on the current account will need to be changed

[GhostOfAmazon]

Originally Posted by koolio97

Not only that, but isn't anyone concerned about personal bank information being sent to the "stealth address" that you change it to? I've been sent all kinds of letters/notices/etc through MAIL even when all my account settings are setup as PAPERLESS. I would think that an address change would also increase the chance of some kind of notice being sent out with your PERSONAL INFORMATION to a random "stealth" address. This is a big "no no"...definitely something that I would not want to risk at all. There has to be a solid solution to this. So much destruction is being done with this new change in Amazon's "security". Merchant sellers are now even having problems with their VCCs/AVSs for the first time ever! Right now, the only 100% safe solution that I see is to just continue trying random prepaid cards, especially those issued by small credit unions as a lot of people have suggested, and hope that Amazon hasn't blacklisted them yet.

Two things:

1. I already suggested a solution to your issue in a previous post. It's called Renting a PO Box. It's 25-60 dollars for 3 months, depending on what part of the country you live in. Very reasonable.

2. The cards Amazon hasn't blacklisted YET WILL be blacklisted eventually. Amazon has publicly announced it's new policy is to reject ALL "pre-paid" cards. You can whine and complain until the sky turns red, but it won't change anything.

[koolio97]

A PO Box/Street Address (Box) will fail verification at many banks. (I have first hand experience with that.) That may lead to problems opening an account if you start off with that address or problems changing an account's address to that later on down the line if you do things that way. On top of that issue, many stealthers turn and burn accounts fairly quickly. Not practical at all if you go through many accounts. Yes, it is a sideways solution of the sort, but I'll keep experimenting and searching for a more safe and solid solution for myself and others. Whining and complaining was never an option. Thanks for your input.

Originally Posted by GhostOfAmazon

Two things:

1. I already suggested a solution to your issue in a previous post. It's called Renting a PO Box. It's 25-60 dollars for 3 months, depending on what part of the country you live in. Very reasonable.

2. The cards Amazon hasn't blacklisted YET WILL be blacklisted eventually. Amazon has publicly announced it's new policy is to reject ALL "pre-paid" cards. You can whine and complain until the sky turns red, but it won't change anything.

[GhostOfAmazon]

Originally Posted by koolio97

A PO Box/Street Address (Box) will fail verification at many banks. (I have first hand experience with that.) That may lead to problems opening an account if you start off with that address or problems changing an account's address to that later on down the line if you do things that way. On top of that issue, many stealthers turn and burn accounts fairly quickly. Not practical at all if you go through many accounts. Yes, it is a sideways solution of the sort, but I'll keep experimenting and searching for a more safe and solid solution for myself and others. Whining and complaining was never an option. Thanks for your input.

You're incorrect, but that isn't surprising.

ALL my credit card and debit card statements arrive in my PO Box, and have for the past year. I move frequently, and NONE of my banks have given me any issue whatsoever.

Furthermore, anyone who uses the "turn and burn" method for Amazon accounts is a fool. The only reason you would want to do such a thing is if you were selling phakes, and doing that will get your account DELETED and you will never see the money anyways, so your point is moot.

I suggest you do more research and utilize common sense in the future before spewing your ridiculous ignorance all over this forum.

[miketyson]

Lots of great points. The PATRIOT Act makes things difficult. But there's a difference between physical billing address and mailing address. All banks should require physical address before opening your credit or bank account. Then mailing or alternative address po box is acceptable. Changing jobs phone numbers addresses frequently will in fact question your stability. But there's ways to erase that info off the credit reports.

[GhostOfAmazon]

Originally Posted by miketyson

Lots of great points. The PATRIOT Act makes things difficult. But there's a difference between physical billing address and mailing address. All banks should require physical address before opening your credit or bank account. Then mailing or alternative address po box is acceptable. Changing jobs phone numbers addresses frequently will in fact question your stability. But there's ways to erase that info off the credit reports.

That, and by only using DEBIT CARDS, changes of address aren't listed on your credit report, at least in the USA.

[miketyson]

You are kind of correct. Any address or job or phone number even misspelled names ANYTHING tied to your SSN could possibly be reported onto your credit report. I've even used different info including address and telephone number to order prepaid cards and those updated my credit as well. This isn't something I googled this is speaking from experience and sharing it as well.

[GhostOfAmazon]

Originally Posted by miketyson

You are kind of correct. Any address or job or phone number even misspelled names ANYTHING tied to your SSN could possibly be reported onto your credit report. I've even used different info including address and telephone number to order prepaid cards and those updated my credit as well. This isn't something I googled this is speaking from experience and sharing it as well.

Interesting....I've banked with Chase, BoA, Citi, and Wells Fargo and none of them ever updated when I changed details on my DEBIT cards.....

Now, some of these banks I have CREDIT cards with, and ANY change I do on those is reflected on my credit report.

[koolio97]

How am I incorrect? Your banks never had a problem with a PO Box address? Good for you. That doesn't mean all. Like I said, I've encountered many that do. More banks will follow. Verification security isn't easing up... just keeps getting tighter in all avenues. This is a temporary solution with flaws. Not sure why you're getting so mad at constructive criticism. We're all learning here and trying to help each other.

Originally Posted by GhostOfAmazon

You're incorrect, but that isn't surprising.

ALL my credit card and debit card statements arrive in my PO Box, and have for the past year. I move frequently, and NONE of my banks have given me any issue whatsoever.

[GhostOfAmazon]

Originally Posted by koolio97

How am I incorrect? Your banks never had a problem with a PO Box address? Good for you. That doesn't mean all. Like I said, I've encountered many that do. More banks will follow. Verification security isn't easing up... just keeps getting tighter in all avenues. This is a temporary solution with flaws. Not sure why you're getting so mad at constructive criticism. We're all learning here and trying to help each other.

Lets get something straight here: I couldn't care less how you run your business or whether or not you're successful. It literally means NOTHING to me. I just don't like misinformation being spread.

Just like SOME banks don't allow mis-matched names, SOME banks MAY not like PO Boxes. But don't go around spreading rumors that NO banks allow PO Boxes, because that's utter bull.

If you want to share your knowledge, do so, but here's how to share it CONSTRUCTIVELY:

Specify WHICH banks you have PERSONALLY tried to use a PO Box on, and whether you attempted this as the VERY FIRST address, or changed it later, AND whether you attempted to add it online or in person, at a brick and mortar store.

Until you provide ALL of the above mentioned information, you're not saying ANYTHING useful.

[koolio97]

Never once did I say that NO banks allow PO Boxes. Reread my posts.

Originally Posted by GhostOfAmazon

But don't go around spreading rumors that NO banks allow PO Boxes, because that's utter bull.