Keep adding new addresses to debit and credit cards = trouble?

[chaichaoyi]

I am using real debit and credit cards as VCC for Amazon disbursement verification (I will not bore you with an explanation why I did not use actual VCC).

Of course, to pass AVS I need to change each card's address-on-file to match what is used for stealth account. So each card has different address (located across many, many U.S. states).

I have two questions regarding this practice:
1. Will each new address be recorded on public database (i.e. SSN-based credit checking system)? In other words, will a future agent in charge of my mortgage application notice I have 30+ addresses on file?
2. Will banks and credit card companies eventually become suspicious and demand explanation?

Thanks!

[elmo]

1. Yes they will see additional addresses if you're adding all these random addresses as additional authorization locations.

2. Probably...

Much better to stop adding the address to your cards, instead just keep the stealth information on the account the same as the billing and see if the card will go through. Most banks will allow mismatching information

Or better yet, purchase some VCCs to avoid this altogether

[chaichaoyi]

You mean for some banks, they only check card number and expiration date before approving a transaction? They don't check zipcode and door tag number?

This make me nervous about my financial info security...

[elmo]

For most banks Amazon will allow mismatching information

You're right about it being a security flaw, but it works to your benefit in this situation

[Canadianleaf]

Originally Posted by elmo

1. Yes they will see additional addresses if you're adding all these random addresses as additional authorization locations.

Elmo, can you elaborate more on this point? Are you aware of a database which shows all your addresses across all banks as mentioned by the OP?

[elmo]

If you are providing a bank with a residential address, that address will most likely come up on your credit report.

If you are constantly adding new addresses to your bank accounts you will have a long list of address show up on your credit report

Best to avoid that unless its only a couple address you're using.

Purchasing VCCs is a much more efficient method

[Canadianleaf]

Originally Posted by elmo

If you are providing a bank with a residential address, that address will most likely come up on your credit report.

If you are constantly adding new addresses to your bank accounts you will have a long list of address show up on your credit report

Best to avoid that unless its only a couple address you're using.

Purchasing VCCs is a much more efficient method

Thanks Elmo.

I dont think bank account addresses show on credit reports. None from my banks have shown nor do I think they will show unless they delinquent and are sold to collections.

However there is possibly a Consumer Reporting Agency which collects account information from banks which includes your addresses. There are hundreds of CRA's in the US. I am currently unaware of which CRA collects bank account information. But this would definitely not be a credit report but a separate report compiled by CRA's.

[elmo]

I personally have had several addresses show up that I only used once or twice when I was at a friends house (ordered something online but charge wouldn't go through so I had to add my friends house as an additional address for verification)

When I ran my credit report I noticed this house come up and I've never used it with any other information of mine -- then a couple years later when I was applying for a credit card, a couple of my identity verification questions asked me to confirm previous residential addresses, 1 of which was my buddies address again.

Who knows honestly... BUT if anyone plans on adding their own cards to an Amazon seller account, there is no need to call your bank to change/add an extra address, just use the card as-is with a mismatching address (whatever is on your stealth account). Most of them will go through and if they don't, just get a VCC from the marketplace

That way you're avoiding any extra risk

[Canadianleaf]

Originally Posted by elmo

I personally have had several addresses show up that I only used once or twice when I was at a friends house (ordered something online but charge wouldn't go through so I had to add my friends house as an additional address for verification)

When I ran my credit report I noticed this house come up and I've never used it with any other information of mine -- then a couple years later when I was applying for a credit card, a couple of my identity verification questions asked me to confirm previous residential addresses, 1 of which was my buddies address again.

Wow, thats some worrisome stuff! Was this for a bank debit card or an actual credit card?

Originally Posted by elmo

Who knows honestly... BUT if anyone plans on adding their own cards to an Amazon seller account, there is no need to call your bank to change/add an extra address, just use the card as-is with a mismatching address (whatever is on your stealth account). Most of them will go through and if they don't, just get a VCC from the marketplace

I have 2 stealth addresses on my credit report and I am wondering if I should dispute it or just leave it as is. If I dispute it it I am worried it may cause more harm, or they may actually mail materials to that address

[elmo]

I cannot remember honestly, I want to say credit card

If you think about it, it would make sense that it would show up on your credit report.

Maybe it’s a bit different with debit cards, but who knows

I think you can get them removed but may be more work than it’s worth

[its]

Addresses on credit cards will only show up on credit report. This also only happens when your statement is cut. If you change the address back to your real address you can avoid this.


Sent from my iPhone using Tapatalk

[its]

Also to add the credit report should identify which account reported it to them.


Sent from my iPhone using Tapatalk

[yankee]

bank DEBIT cards will not show on credit reports. Credit cards will.

[yankee]

Originally Posted by Canadianleaf

I have 2 stealth addresses on my credit report and I am wondering if I should dispute it or just leave it as is. If I dispute it it I am worried it may cause more harm, or they may actually mail materials to that address

Addresses dont need to be disputed. You can delete all but one address. It is NOT a dispute process. It is an edit process.

[its]

Originally Posted by yankee

Addresses dont need to be disputed. You can delete all but one address. It is NOT a dispute process. It is an edit process.

If that address is linked to a reporting account then it is a dispute process. Only personal information that is no longer linked to a reporting trade line can be removed. Otherwise you have to contact the data furnished directly to get them to update to the correct information.


Sent from my iPhone using Tapatalk

[Canadianleaf]

Originally Posted by its

If that address is linked to a reporting account then it is a dispute process. Only personal information that is no longer linked to a reporting trade line can be removed. Otherwise you have to contact the data furnished directly to get them to update to the correct information.


Sent from my iPhone using Tapatalk

That is correct. Equifax and Transunion said that If I want to remove the address I would need to start a dispute and they will contact the credit issuer who sent them this information.

I have two credit cards with the stealth addresses on them which are still active with two healthy stealth accounts so I am in no rush of changing them as long as they continue to work.

And as others have said debit does NOT show on your credit report. If you put your bank account in negative and ignore them for 3 months that's a different story.

There are mixed feelings about debit with veteran's here. There are some good threads of Taking the Mickey (who is unfortunately no longer active) arguing for and GB against. Its 7 pages long.

My only concern is who this bank address change is available to. Is this address only available to the issuer bank? Does the bank report this address to a banking financial network so although its not on my credit report other banks can see all my past addresses? So If I apply for a mortgage a banker can see dozens of past addresses on this network. Alternatively, the bank may report this information to a Consumer Reporting Agency where certain background checks on you can reveal these addresses.

Heres a list of CRA's: http://files.consumerfinance.gov/f/2...-companies.pdf

The OP in this thread said: "I am using real debit and credit cards as VCC". I think elmo's original response to the OP saying all addresses can be seen is only in reference to the credit cards. How bank address changes for debit works is still a mystery to me.

[GreenBean]

Firstly here is my confusion why a thread relevant to UK banking is being quoted in a thread about USA amazon?

There are subtle differences and they need be addressed when planing a course of action.

I am not going to quite the thread to circumvent more hassles.

[chaichaoyi]

Originally Posted by yankee

bank DEBIT cards will not show on credit reports. Credit cards will.

Exactly correct.