Credit Cards Center Credit cards from our partners
Reply
Established Member
Posts: 27
Registered: ‎01-17-2013
0

FICO score updates with ScoreWatch

I am paying for ScoreWatch every month, but so far I haven't gotten any updates other than two e-mails telling me that my account balance went up. (Not sure how since I pay them down to zero every month.)

 

I have my setting set to what I think is my current score. I don't know if the ScoreWatch will tell me if my score goes up or down, or if I need to buy a new report? It seems like a waste to pay $14.95 for this every month. Should I cancel and just buy a new report every month for only $5 more? Any advice would be much appreciated!

Established Contributor
Posts: 650
Registered: ‎03-01-2012
0

Re: FICO score updates with ScoreWatch

when I had ScoreWatch, I got reliable updates (although delayed upto a week) when my score changed.  As you stated, you have to set the target score to the current score.  You should have to guess what scorewatch thinks is your current score, it will show it when you are making that setting.


My Starting Score: EQ: 691 (11/30/11) TU98: 726 (11/30/11)
My Current Score: EQ: 779 (04/22/13) TU08: 835 (06/03/13)
DW Starting Score: EQ: 742 (03/02/12) TU98: 748 (03/02/12)
DW Current Score: EQ: 784 (03/11/13) TU08: 775 (06/03/13)
Highlighted
Established Member
Posts: 47
Registered: ‎04-13-2013
0

Re: FICO score updates with ScoreWatch

I've only had the service for 2 months, and so far I've gotten 2 alerts on FICO increases/decreases (1 each). I love it - it updates me every week whether or not there has been movement, and according to today's report, does "spot checks" to detect score changes.

 

It was right on, too, because I had opened a new card in April and today it reported, and my FICO score increased because of it. A few weeks ago, the score decreased by 3 pts due to an inquiry.

 

I think the service works really well in my experience.



Starting Score '14: 638
Current Score '14: 651
Goal Score '14: 700


Take the myFICO Fitness Challenge

Gardening...

Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.

Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on internal myFICO analysis of actual applicant approvals, and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range. These ranges were not provided by any card issuer.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.