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Established Member
college22c
Posts: 28
Registered: ‎12-31-2012

How often should I get my FICO Score?

I recently pulled my scores on 3/10/2013 and my TU is 664, and Ex is 660 how many time as year should I pull my Fico? 

Frequent Contributor
sarkell
Posts: 345
Registered: ‎02-27-2013

Re: How often should I get my FICO Score?

It depends if you aren't doing anything with it no apps etc I'd do every 4 months then track it on monthly monitoring. I get my score from Walmart for free and use truecredit to watch for changes. It all depends what you're looking for you could even use quizzle or credit sesame to monitor for free changes. I currently have score watch but I am canceling it.
Cards: CSP $5k, Capital One Cash Rewards VS $3100, Discover it $3k Capital One MasterCard $600, Orchard Bank $3k, Barclays Rewards MC $1250 Gapcard $900, BR $300, Neiman Marcus $1k, Macys $1200 Walmart $500
In the garden until I can get a BCP

Starting Score: 534
Current Score: 682 EQ SW 660 TU 636 EX 3/26/13
Goal Score: 720


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Moderator Emeritus
llecs
Posts: 32,880
Registered: ‎08-04-2007

Re: How often should I get my FICO Score?

It depends on future apps as mentioned, but also would depend on whether or not you want more knowledge on FICO scoring as it pertains to your credit. When I first joined here we could pull all 3 FICO reports (now only two). I pulled all three 4-5 times monthly. I wanted the knowledge and always wanted to know what my score would be like when this baddie fell or that account appeared. Once I wound down repair, then I focused on micromanaging my credit and that involved pulling 2-3 times per month to get a feel of utilization changes, impact from AAoA changes, impact from adding new TLs, etc. so I can get a feel leading up to a mortgage app. Now that we have our home, I tapered off and pulled once a month, then quarterly, now I only pull once per year at best. The quest for information isn't as important as it was leading up to the home purchase or even in repair mode.

 

I'd caution against comparing a FICO to a FAKO though. Certainly monitor your credit daily/weekly for changes, but ignore the fAKOs. If a FAKO goes up, FICO can go down for the same event. I've documented in here differences of 50-100 points off when comparing a FAKO and FICO on the exact same day. My highest recorded difference was 225 points. Definitely can't be trusted.

 

New Contributor
YMLDC09
Posts: 60
Registered: ‎03-19-2013

Re: How often should I get my FICO Score?

Thank you llecs! Just what I needed to see..


Starting Score: 558 EQ | TU 612
Current Score 7/02/13: 631 EQ | TU 672 | EX 697 Goal Score: 700

NFCU CC: 3.5K goRewards MC | 1k CashRewards + NavCheck: 500 7/2/13
New Member
eklausmeyer
Posts: 10
Registered: ‎11-16-2012

Re: How often should I get my FICO Score?

If you are checking your own score, it doesn't matter. There will be no adverse affect on your score if you check it yourself. I recommend using creditkarma.com it is free and you can check as much as once a day! Not that you would want to... but you could...

I work full time as a credit analyst for one of the largest credit card issuers in the U.S. But, I am also a consumer trying to build my own credit!
New Contributor
YMLDC09
Posts: 60
Registered: ‎03-19-2013

Re: How often should I get my FICO Score?

I am with CK..didn't know that! LL just updated my case with another removal :smileyhappy: sweet!


Starting Score: 558 EQ | TU 612
Current Score 7/02/13: 631 EQ | TU 672 | EX 697 Goal Score: 700

NFCU CC: 3.5K goRewards MC | 1k CashRewards + NavCheck: 500 7/2/13

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.

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