01-20-2012 05:07 PM
A credit score is simply a calculation based on a snapshot of your credit report at the point in time that the score is pulled.
However some credit monitoring services will only give you one free score per month, they like you to purchase scores....
01-20-2012 05:09 PM
i have found that they update regularly, i signed up for all three agencys, and am checking daily, they have changed 3 times this month alone, all up, thank goodness.
01-20-2012 05:16 PM
Your scores change, either up or down, as information is updated on your reports, or as accounts on your report continue to age each month.
01-20-2012 05:18 PM
Thanks for the response. I'm asking because in this month alone my EQ 28+ pts, TU 53+pts, and EX 19+. All of this is a bit shocking, I'm not sure if it's because I'm an AU on my mother's AMEX Blue Sky, Citi Platinum and she has low balances and make payments on time, and I've got Cap 1 Secured $1000CL, and BofA Secured $300CL.
01-20-2012 05:20 PM
myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.>> About myFICO