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When do the CB's update their scores?

New Contributor

When do the CB's update their scores?

I am wondering when the CB's update their scores. I made some significant balance reductions last month and a couple of other changes that should effect my score positively but so far I haven't received any alerts about about any activity. Anyone have any ideas on this?
2 REPLIES
Senior Contributor

Re: When do the CB's update their scores?

It's not necessarily the CB's.  It's mainly your creditors.

 

For instance, I have one TL that updates around the 5th each month.  On the 5th, the new bal showed on my EX, but not EQ & TU.  By the 7th, it was on both of the others too.

 

So, if you get a daily monitoring service like CCT, you can get a new report every day, take note of when certain TL's update your payment (cuz you're not charging on those cards....right?   Smiley Wink ), then make a note somewhere...roughly "when" it shows up & who notes it first.

 

Got it???

 

Message Edited by BungalowMo on 06-08-2009 08:44 AM


Starting Score: 02/2015 TU 709 - EQ 676 - EX 729
Current Score: 04/2017 TU 754 - EQ 757 - EX 747
Goal Score: 850

Bury me in the garden...last app 08.09.15

New Contributor

Re: When do the CB's update their scores?

I do have the monitoring service offered by MyFico and it says that it is being monitored but I am not getting any updates or notices of changes to the score. Of ocurse I can "buy" the new score for $15 but why would I do that unless I had reason to believe it had changed significantly over the last month? I thought the $89 per year subscription fee was supposed to notify me of any changes to my score. What am I doing wrong here?

 

BTW, what is CCT and is it better than what I have now with MyFico? Is the score a legit one?