11-07-2013 08:36 PM
If you buy single-pull reports via FICO Standard, there is no update since it's a one-time pull.
If you subscribe to the monthly service, ScoreWatch, then that subscription includes 2 EQ FICO reports per year, with the first being used up when you first subscribe. The other report can be used anytime during the year, or saved after a year. ScoreWatch will monitor your score though. It monitors it daily. If something changes on your EQ CR that triggers a credit alert like a new account or a new inquiry, then SW will alert you to that change and will automatically provide your new EQ FICO if your score changed. Some changes won't trigger an alert like a dropped account. SW will monitor your EQ FICO for changes every 7-10 days and if your new EQ FICO hit or surpassed your target score (found in your settings), then SW will provide your new score sans the reason behind the alert.
11-10-2013 05:44 AM
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.>> About myFICO