Finance companies and PMB address changes
Has anyone had a finance company pitch a fit when you changed your mailing address from a physical address to a mailing service such as the ones in South Dakota?
Forum Discussion
Post 9-11 congress passed the Patriots Act so the authorities could easily find the bad guys. So it is illegal to open any account with any financial institution in the US using a PO box. (either USPS or private). It was too easy for the bad guys to hide if they used a PO box. Later they passed the New Drivers License law so that states had to get proof of a person's residency at that address like a utility bill or rental agreement. Also so that it would be easy to find the bad guys. Apparently no one in congress is smart enough to know about full timers or people that share apartments or houses. States were forced to spend millions of dollars and taxpayers were forced to put up with horrendous lines and multiple trips to the MV office to comply with the new laws. 75 year old women were forced to find decades old marriage or divorce agreements to prove that the name they were using was legal even though social security had already verified all that information. Fast forward to implementation and we have full timers and people who do not have the appropriate utility bills in their name for very legitimate reasons.
The law was put in for very good reasons, but just like many of our laws, they don't work. Option A prevent that class of people from obtaining a drivers license and opening a financial account. Option B, find an alternative like a notarized letter from a real resident that says the person really does live there even if they don't, or a utility bill from a camp site that you will be leaving the next day. Option C repeal the law when it was obvious that it could not work effectively. Congress chose to go with B. After all we will still get all the dumb terrorists that aren't smart enough to figure out one of the loop holes that had to be put in for real folks like us.
I have been threatened with closing a bank account long before 9-11 by B of A because it was a favorite of fraudsters.
I believe a previous poster made an error in claiming that his PMB is his physical address. I believe he is confusing the resolution of the voting rights fiasco which was resolved.
What we have is a law created for good reason that says everyone must have a physical address when it is just plain not reasonable. Why do we have to live with such nonsense. (Last word changed for politeness, not my first choice.)
The law was put in for very good reasons, but just like many of our laws, they don't work. Option A prevent that class of people from obtaining a drivers license and opening a financial account. Option B, find an alternative like a notarized letter from a real resident that says the person really does live there even if they don't, or a utility bill from a camp site that you will be leaving the next day. Option C repeal the law when it was obvious that it could not work effectively. Congress chose to go with B. After all we will still get all the dumb terrorists that aren't smart enough to figure out one of the loop holes that had to be put in for real folks like us.
I have been threatened with closing a bank account long before 9-11 by B of A because it was a favorite of fraudsters.
I believe a previous poster made an error in claiming that his PMB is his physical address. I believe he is confusing the resolution of the voting rights fiasco which was resolved.
What we have is a law created for good reason that says everyone must have a physical address when it is just plain not reasonable. Why do we have to live with such nonsense. (Last word changed for politeness, not my first choice.)
