Moving & Your Credit

[honeichild]

Does moving around a lot really affect your FICO score?

[gamecock43]

ohhhh jeeze, dont give me another thing to worry about! FH and I move about 2x a year sometimes more. I have EXCELLENT credit. So dont even put those thought vibes into the atmosphere!

[skydivingchic]

Everything I've read about credit scores says that the following items affect your score:
Payment history
Length of credit history
Types of credit held
Debt to credit ratio
New credit

So I dont think moving a lot in and of itself would affect your credit. However, if you are opening a new CC everytime you move or getting a new mortgage each time, that may have a negative impact as that would reflect as a lot of new credit and shorter average ages of accounts.

[Gruntina]

If you do tend to move a lot, make sure you are on top of having your mail forwarded and address changes. Missing bills and not paying them on time will hurt your credit.