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Service Question

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learningcredit101
Established Member

Service Question

I just bought the myfico score watch with monitoring and have a question. Will my fico score update on a monthly basis? I ask this because im paying $15 monthly and i read that i get one more score and then i have to pay to get another one. In conclusion im confused, will i get an updated score every month?

Ex: 745
Macys: 2.5k
Wells fargo:2.6k
Amex Hilton Hhonors Surpass: 2k
Amex PRG: NPSL
Citi AA: 3.4k
Message 1 of 8
7 REPLIES 7
myjourney
Super Contributor

Re: Service Question

Welcome to the forum 

Bump for score watch help 

Before you app think...
Have you done your research of the CC?
Does it fit your spending?
Do you have a plan for the bonus w/o going into debt?
Can you afford the AF?
Do you know the cards benefits? Is it worth the HP?
Message 2 of 8
mongstradamus
Super Contributor

Re: Service Question


@myjourney wrote:

Welcome to the forum 

Bump for score watch help 


for me it updates whenever there is an score change , and if there is no change in score it updates weekly and tells me there has been no change in score. 



EX Fico 804 11/16/16 Fako 800 Credit.com 11/16/16
EQ SW bank enhanced 11/16/16 839 CK fako 822 11/16/16
TU Fico discover 10/19/16 814 Fako 819 Creditkarma 11/16/16
Message 3 of 8
IamB2
Established Contributor

Re: Service Question


@learningcredit101 wrote:

I just bought the myfico score watch with monitoring and have a question. Will my fico score update on a monthly basis? I ask this because im paying $15 monthly and i read that i get one more score and then i have to pay to get another one. In conclusion im confused, will i get an updated score every month?


My ScoreWatch updates anytime there is a change in balance of ($5 or 5% - I think) and after each major update that will cause the score to change. It is included as part of your monthly fee.

 

You do not, however, get a new report with each update. It is just the score that updates. Not the Report as well.

 

Hope that helps

FICO® EQ 717 (3/5/15); TU08 732 (3/5/15); EX: 723 (3/5/15) - Last app 3/15/15; Inquiries: A TON!

CITI ThankYou Preferred - CL: $2,000




Starting Scores: 590s on 12/2013. Hover over card image to view details! *After Amex approvals - [I was supposed to be] Gardening!*
Message 4 of 8
Revelate
Moderator Emeritus

Re: Service Question

It's the report data that you only get two pulls on with the product: ones in addition to that are paid for seperately.

 

The scores do update more regularly than once a month for me if there are changes on my credit report.




        
Message 5 of 8
kmacqua
Regular Contributor

Re: Service Question

This is helpful as I'm trying to evaluate what credit monitoring products I need.  Thanks for replying to the OP.

Message 6 of 8
learningcredit101
Established Member

Re: Service Question

Thanks that explains it perfectly.

Ex: 745
Macys: 2.5k
Wells fargo:2.6k
Amex Hilton Hhonors Surpass: 2k
Amex PRG: NPSL
Citi AA: 3.4k
Message 7 of 8
bigblue7722
Valued Contributor

Re: Service Question

scorewatch is very frustrating product that forces you to buy more reports to get an exact answer on why your score went up or down. If you use just scorewatch it gives you a list of possible reasons of why your score changed. Its smart for myfico but bad for us.

AMEX PRG NPSL,Lowes $17000,Capital One venture card $12,000,Us Airways mastercard $9500,Fidelity Amex $9000, Discover it $8000, Capital One Venture One $7500, BOA 123 rewards $7500 CSP $6000, Capital One Quicksliver $5500, Amazon Store card$5000,Barclay
Card Ring $5000 Chase Marriott $5000,Chase Hyatt $5000, Sallie Mae Mastercard $4400, Paypal smart connect $4000,Chase Freedom $3200, Capital one Quicksliver visa $3000, Chase IHG Rewards $2300, Chase Southwest Premier $2000, Citi Double Cash $1500, AMEX BCE $1000

Last app July 22nd 2015- No apps for two years.
Message 8 of 8
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