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Hey,
How often does PenFed update our free NexGen score? My last pull was on 12/1/2015.
@Anonymous wrote:Hey,
How often does PenFed update our free NexGen score? My last pull was on 12/1/2015.
I don't think there's a set date; probably whenever they do a global account review unless you have some other change that triggers them to pull a new report / score.
FICO NextGen (either version) is one of the worst freely available scores, worse than VantageScore even; as a result, while I have a rainy-day PLOC there (which I guess I should use a bit to keep the account active?) the Penfed FICO Score is at best just an added bonus.
Hmmm!! Thanks for your input
@Anonymous wrote:Hey,
How often does PenFed update our free NexGen score? My last pull was on 12/1/2015.
They tend to do it every quarter. We will probably see a March score sometime in April.
@Anonymous wrote:
This is the email response from them:
Thank you for contacting PenFed.
The FICO scores are loaded quarterly in January, April, July, and October. When
loaded in October, the scores will be from end of August/beginning of September.
Ah, thanks! Guess it's more regular now heh, one month lag time is kinda lame but c'est la vie, we get what we pay for .
@Revelate wrote:
@Anonymous wrote:
This is the email response from them:
Thank you for contacting PenFed.
The FICO scores are loaded quarterly in January, April, July, and October. When
loaded in October, the scores will be from end of August/beginning of September.Ah, thanks! Guess it's more regular now heh, one month lag time is kinda lame but c'est la vie, we get what we pay for
.
Lol righttt! Why the lag time though?
What's the rush? Do you have or intend to apply with another creditor that uses the EQ FICO NG2? From what I recall, PenFed's quarterly preapprovals and the score updates are released at the same time.
@Anonymous wrote:
@Revelate wrote:
@Anonymous wrote:
This is the email response from them:
Thank you for contacting PenFed.
The FICO scores are loaded quarterly in January, April, July, and October. When
loaded in October, the scores will be from end of August/beginning of September.Ah, thanks! Guess it's more regular now heh, one month lag time is kinda lame but c'est la vie, we get what we pay for
.
Lol righttt! Why the lag time though?
Probably two different systems and they only load the data into the second system from the first system once a month would be my guess.
Old school, but that's CU technology stacks for you.