Starting Score: 603 myfico EQ,648 myfico TU april 2012
Starting Score: March 29, 2012 EX: 592, EQ: 549; TU: 557 - LENDER PULL
golo wrote:Why you say in theory? I mean,if the SW gives me a score,why would i have to purchase another pull?
From what I understand, SW will not trigger an alert unless there is activity that has been reported from an outside source (like new inquiries, payments, etc.). As far as I can tell it does NOT trigger an alert for internal activity such as inquiries falling off, AAOA calculations and other automatic changes. I think it 'waits' for an outside activity & then recalculates. Someone correct me if I'm wrong, but that's how it seems to work on mine.
sunshine7157 wrote:
golo wrote:Why you say in theory? I mean,if the SW gives me a score,why would i have to purchase another pull?
From what I understand, SW will not trigger an alert unless there is activity that has been reported from an outside source (like new inquiries, payments, etc.). As far as I can tell it does NOT trigger an alert for internal activity such as inquiries falling off, AAOA calculations and other automatic changes. I think it 'waits' for an outside activity & then recalculates. Someone correct me if I'm wrong, but that's how it seems to work on mine.
Above is true, but the score that comes with an alert (when it is triggerred) should always be accurate.
golo wrote:Why you say in theory? I mean,if the SW gives me a score,why would i have to purchase another pull?
Why?!
ScoreWatch does not run in real time. Simply put, other monitoring services just update/alert faster. I think it's fine for having a general idea of what your FICO score. People expecting a lot of movement or monitoring things falling off tend to get frustrated and burn/score reports. 
I'd like to believe the Alert score is relatively accurate.
pakman92 wrote:
sunshine7157 wrote:
golo wrote:Why you say in theory? I mean,if the SW gives me a score,why would i have to purchase another pull?
From what I understand, SW will not trigger an alert unless there is activity that has been reported from an outside source (like new inquiries, payments, etc.). As far as I can tell it does NOT trigger an alert for internal activity such as inquiries falling off, AAOA calculations and other automatic changes. I think it 'waits' for an outside activity & then recalculates. Someone correct me if I'm wrong, but that's how it seems to work on mine.Above is true, but the score that comes with an alert (when it is triggerred) should always be accurate.
SW will give you an updated score every 7-10 days even if that update says there is no change. It will scan your report and tell you your FICO without any of the triggering events. The problem is we all get antsy and do not want to wait out the 7-10 days and pull the trigger on a new report.
The alerts you get also highly depend on where your setting are. There may be a change to your report that makes your score rise to 650. But if your setting is set to only alert you if your score is 700, you may not get that score. The report change and score alerts also don't always go hand in hand. Your score might change and info might have changed on your report, but the new score may or may not be related to the new info.
I've got the there has been no change detected in your score message (usually every Sunday) and have pulled my new reports anyways because it was the time for me to (beginning of every month) and there was in fact a score change. The alerts aren't always reliable unfortunately. If something big changed and you don't see movement, it might be necessary to pull a new report, if you don't mind paying for it. I like myFICO for the score when I need it and of course the forums. But I don't really consider it a "CMS" personally. I do like the layout of the reports but details are lacking.
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