Moving? Don’t Forget to Notify!

Remember to notify so you don't miss notices and
owe penalties or lose points on your FICO score

It’s great: you’ve found the perfect north Atlanta new home for your family. You’ve got the closing date in mind and are giddy to call the moving company and get the key in your hand. The Equifax Finance Blog reminds us that it’s important to make sure we don’t forget to notify of moving during all the excitement with the new article, “Tell the IRS and Your State When You Move.”

When you move, even if you have forwarding set up, it can be hard for financial groups to catch up with you. Plus, it costs you time when items have to be rerouted if you don’t change your address at the source. This can mean everything from late payments to damage to your FICO score if tax agencies and credit card companies can’t get in touch with you. This can be especially bad in the case of taxes, where IRS letters turn into growing penalties on interest and eventually into a lien on your finances.

Avoid these problems by making a list of all the places that you need to change your address with, and don’t rely on address forwarding to save you. Don’t miss out on additional financial tips when it comes to taxes, credit, retirement and more on the Equifax Finance Blog.