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Frequent Contributor
Posts: 402
Registered: ‎02-23-2012
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Score Watch® Target Score Setting

Ok so I signed up for Score Watch® today.  For those of you using it, how many points above my actual score should I set the Target Score at to maximize this product?

 

Thank you in advance!


Starting Score: TU:619 (02/24/2012) - EQ:629 (02/24/2012)
Current Score: TU:632 (06/21/2012) - EQ:672 (06/21/2012)
Goal Score: 740


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Regular Contributor
Posts: 233
Registered: ‎04-12-2011
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Re: Score Watch® Target Score Setting


JohnPTEX wrote:

Ok so I signed up for Score Watch® today.  For those of you using it, how many points above my actual score should I set the Target Score at to maximize this product?

 

Thank you in advance!


Its really up to you.  As of late what I have been doing is after every SW alert I set the target to alert me 1 point above my score.  For instance if your score is 650 i would set it to 651. 


Starting Score: 589 / TU: 600
Current Score: 696 / TU: 696
Goal Score: 700 / TU: 700


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Valued Contributor
Posts: 1,671
Registered: ‎05-24-2007
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Re: Score Watch® Target Score Setting

Zero.

 

Always set it for your current score.

Valued Member
Posts: 37
Registered: ‎02-02-2012
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Re: Score Watch® Target Score Setting

Set it to your current score. If your score moves up (or down), you'll get an alert.


Starting Score: 2/2/12 - 551
Current Score: 3/18/12 - 636
Goal Score: 660


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Frequent Contributor
Posts: 375
Registered: ‎01-20-2012
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Re: Score Watch® Target Score Setting


GregB wrote:

Zero.

 

Always set it for your current score.



+1


This way, if your score changes up OR down you will get an alert.

Current: EQ 673 September2013 / TU 696 September2013 (Walmart)
Start: EQ 584 Feb2012 / TU 629 July2012

Wallet: BofA Cash Rewards Visa Sig $5000 / Lowe's $6000 / JCP $3900 / eBay MC $3200 / Barclaycard Rewards $2000 / Walmart $3300 / CapOne NHRC $2000 / CapOne Platinum #1 $2000 / Amazon $1700 / Discover It $1000 / CapOne Platinum #2 (former Orchard) $750 / Amex Zync $500 Autopay
Frequent Contributor
Posts: 402
Registered: ‎02-23-2012
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Re: Score Watch® Target Score Setting

Thanks everyone!  It's now set so let the fun begin!!


Starting Score: TU:619 (02/24/2012) - EQ:629 (02/24/2012)
Current Score: TU:632 (06/21/2012) - EQ:672 (06/21/2012)
Goal Score: 740


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Moderator Emeritus
Posts: 32,869
Registered: ‎08-04-2007
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Re: Score Watch® Target Score Setting

Also be sure to memorize the Score Watch Guide:

 

http://ficoforums.myfico.com/t5/myFICO-Product-Feedback/Score-Watch-Guide/td-p/603543

 

I've seen a lot of posts lately of posters saying it isn't working for them. In some cases they didn't understand the product and limitations of SW. Some of the common misconceptions is the SW monitors the score daily, that it'll alert for dropped accounts or balances, or that credit alerts are supposed to be within minutes/hours of the changing event, none of which are true. Ditto to everyone else. Set the score to EXACTLY match your last score and once the score changes, ALWAYS reset the target score immediately after receiving the alert. I think it's a great product and never had any qualms after 4+ years.

 

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