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Originally Posted by kartelll
most def not the only two ways. and the one you said is the most effective is the least effective. the whole point in adding the address is getting the bank/account/credit line/loan. 90% of all those applications will dub your shit for putting the drop info right off the bat. also alot of bank accounts dont report to the credit agencies and that report twice a month thing is false. the calling agencies does work though just have a decent bg and youll pass the questions and if you can spoof the number of the mark youll have an easier time
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You are correct in that I did not include more nuances in my response, as it was done in a hurry. The correct answer to that would be that although most institutions report to credit agencies, the majority do not report to all 3 credit bureaus (most report to 1 or 2). And you are correct in that all bureaus dont report twice to bureaus. The frequency depends on the type of account (credit/charge/loan report atleast once a month, whereas checking/saving/non-credit accounts do not share that responsibility.)
What you are incorrect about is that a number of banks will allow you to open non-credit/charge accounts with addresses other than whats on your background/credit reports (a few examples are BBVA Compass, Simple, CapitalOne360 etc...) and then once the drop is populated in a month or so, you could move forward and open a charge account with a different institutons. Again, there are a lot more details I am omitting for the sake of my time.
01-09-2025, 05:09 PM
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