I see by searching this topic that this problem has been going on since June 2010... it's now December. I'm having the same problem. I've been at my current address for many many years, and have had the same PP acct for about 6 years. My address shows as confirmed in my profile/settings, but as unconfirmed on all purchase history. I don't know how it's showing to sellers, and am concerned, like many others here, that sellers may cancel my purchase due to my "unconfirmed" address status. It's been 6 months......when will this problem be fixed?
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