SW won't release a full report to you, however it will give you alerts based on the information you give it.  There are plenty of tips on how to best use it, i believe in a sticky even, however the basic idea is that SW will alert you of changes to your EQ report in several areas, including unexpected balance changes, new accounts, new inquiries, etc.  If your main reason it to track your score, the best practice is to change your alert for Scores.  Make your goal score equal to your current score, so that no matter the change, it alerts you.

Current: EQ FICO 664, TU FICO 683, EX FICO 698 | Starting Score: 525 (05/2012) Starting total revolving credit: $1100 | Current total revolving credit: $7000 Inquiries (12 Months): EQ 3 TU 2 EX 2 | Most Recent: 1/8/2013

2013 Goals: New Car 700 Club AMEX Member

AMEX Gold NPSL DCU Visa $2000 Cap1 Cash Rewards $2000 BOA Platinum $600 WalMart $800

Hah.  Found it.  This should prove helpful: http://ficoforums.myfico.com/t5/myFICO-Product-Feedback/Score-Watch-Guide/m-p/603543?jump=true

Current: EQ FICO 664, TU FICO 683, EX FICO 698 | Starting Score: 525 (05/2012) Starting total revolving credit: $1100 | Current total revolving credit: $7000 Inquiries (12 Months): EQ 3 TU 2 EX 2 | Most Recent: 1/8/2013

2013 Goals: New Car 700 Club AMEX Member

AMEX Gold NPSL DCU Visa $2000 Cap1 Cash Rewards $2000 BOA Platinum $600 WalMart $800

thanks!

Starting Myfico Scores: 574/571 (9/2012)
Current MyFico Score: 625 (10/22/2012)
Goal: 640 mid score for home purchase by October 2013

App free since 10/23/2012




In the garden until 9/2013!
Credit 1 $300/ Cap1 $500/ Cap 1 Rewards $1000

I'm confused after reading this sticky - http://ficoforums.myfico.com/t5/myFICO-Product-Feedback/Score-Watch-Guide/m-p/603543?jump=true

"Equifax reports are checked daily for Credit Alert changes to the credit report." 

Isn't a balance decrease a "change to the credit report"?  Isn't the removal of an item a "change to the credit report"? Or is a change to a credit report defined as only new accounts, new inquiries?

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westo12 wrote:

I'm confused after reading this sticky - http://ficoforums.myfico.com/t5/myFICO-Product-Feedback/Score-Watch-Guide/m-p/603543?jump=true

 

"Equifax reports are checked daily for Credit Alert changes to the credit report." 

 

Isn't a balance decrease a "change to the credit report"?  Isn't the removal of an item a "change to the credit report"? Or is a change to a credit report defined as only new accounts, new inquiries?

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If you scroll down from that quote it shows a dozen or so items that trigger credit alerts. Balance decreases aren't one of those and I don't know why, but it never was advertised that a balance decrease would trigger an alert. For dropped items, no CMS anywhere in the world will alert you to dropped accounts or dropped baddies. Not sure why. Mechanics?

I did read down, which is where the confusion came from.  The more I read, the more in circles I feel like I'm going.  I have had 2 new accounts added and a change of address in the last 3 weeks and no alert.  I have the score settings set to match my current score, have my balance increase set to 5%, not sure what else to do to actually get an alert out of SW.