Posts: 13
Registered: ‎08-25-2009
Re: FICO Monitoring Deficiency

Thank you for your direction. As I stated, I have had this service for 5+ years and interpreted the following product  information (edited for brevity) as real time:

"Protect your identity


Daily monitoring of 400 data sources for new information tied to your identity:

  • Newly opened accounts and recent applications for new credit"

I didn't realize the long delay between the occurrence and the reporting. The folks at MyFICO noted this is an issue. I'll likely keep my subscription BUT I had a false sense of security before I learned these facts.