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Frequent Contributor
ac921ol
Posts: 353
Registered: ‎11-16-2012

Re: Score Watch is not working.

So how often should SW update??

when Payments are made, and Balances are increased, I understand that, and I set that personally, but how often should my score be updated??



12/28/13 (Garden Start Date)



Regular Contributor
fittiger
Posts: 217
Registered: ‎02-20-2013

Re: Score Watch is not working.

I'm having an issue too. I have an AMEX balance that has changed to $0, statement date was Nov 7th. I've been waiting for SW to update this account and usually does on the 12th of the month. I checked my EQ report through their website on the 13th and it shows that it has been updated on my report. Why is SW still not reflecting this? I've had another account statement close on the 12th and is reporting via SW. Is SW just not going to capture my AMEX alert this month?

This really calls into question the reliability and accuracy of this product and why myFICO is charging $15 a month on a product that doesn't work. I have to wonder if the score being provided is even accurate as the last time I updated my report through SW, my score spontaneously changed over 15 points.

Seriously, what gives? Maybe people are owed refunds or credits towards free reports.
Chase Sapphire Preferred $17,800; Discover IT $15,000; PenFed Plat Rewards Signature $14,000; AMEX BCE $11,800; AMEX SPG $8,100; Citi Simplicity $10,000; Chase United MileagePlus Explorer $5,000; Chase Ink Classic $3,000; GE Lumber Liquidators $7000; GE Care Credit $2000
Valued Member
beenjammin
Posts: 40
Registered: ‎08-17-2012

Re: Score Watch is not working.

This is exactly why I canceled SW after 6 months. I found the service to be useless as the updates were irregular, inaccurate. There are a handful of free services out there that do a much better job at monitoring and notification. I think the actual Fico score is only necessary when you need to know your score for the purpose of choosing a credit product, regular paid-for monitoring is just unnecessary.

Regular Contributor
kaskuli
Posts: 173
Registered: ‎04-25-2013

Re: Score Watch is not working.

Amex statement cut on Tues ... still no alert


Scores: EQ-746 7/11/2014//// EX-748 7/02/2014 //// TU-749 6/21/2014
$7500 Amex BCP / $7000 Chase Freedom / $2500 Discover It / $2500 Amazon / $2000 Paypal Extras / $1700 Wells Fargo
Gardening until 7/27/2014
Moderator Emeritus
llecs
Posts: 32,880
Registered: ‎08-04-2007

Re: Score Watch is not working.


kaskuli wrote:

Amex statement cut on Tues ... still no alert


Not surprised. When I had a Green it took Amex & EQ a few days beyond my statement date before they updates, thus resulting in a SW alert.

 

By how much did your balance change?

Regular Contributor
kaskuli
Posts: 173
Registered: ‎04-25-2013

Re: Score Watch is not working.

Went from $296 to $0... Just purchased a TU report and that's even more out of date ... :smileysad:


Scores: EQ-746 7/11/2014//// EX-748 7/02/2014 //// TU-749 6/21/2014
$7500 Amex BCP / $7000 Chase Freedom / $2500 Discover It / $2500 Amazon / $2000 Paypal Extras / $1700 Wells Fargo
Gardening until 7/27/2014
Frequent Contributor
dabrian
Posts: 280
Registered: ‎12-10-2012

Re: Score Watch is not working.

Glad I read this thread before wasting money on the product.

NFCU Sig Cash-20k, Amex BCP-8k, Amex Costco-1.2k,CSP-8k, Freedom-5k, Discover IT-11k,NCSECU-5k,Walmart-10k,Lowes-8.5k
Senior Contributor
drkaje
Posts: 3,482
Registered: ‎07-25-2008

Re: Score Watch is not working.

I think the product is very good for what it is.

 

Generally: I don't believe it suits people looking for immediate gratification or with a lot of activity on their reports. I write that because a lot of the things people obsess over won't necessarily generate ScoreWatch changes.

 

I'm reasonably certain my score would be relatively close to the latest update but don't believe SW is real-time, 24/7 monitoring. Based upon having the service a while, I think it scans for updates/changes twice a day. At this point, I'm not curious enough to burn a report because there's no new apps happening. The only thing I'm obsessing over is inquiries falling off and SW would only give an alert if that caused score changes.


Starting Score: 675
Current Score: EX ? FICO, EQ 708 FICO
Goal Score: 776 FICO


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Frequent Contributor
907grown
Posts: 258
Registered: ‎08-09-2009

Re: Score Watch is not working.

Entire trade line removed from all three CR, credit karma told me, credit.com told me, credit sesame told me, where are you myfico, why havent you told me? I checked it was removed from equifax as well......

 

Starting Score: 460
Current Score: EQ 638, TU 688, EX 639,
Goal Score: 750
Frequent Contributor
907grown
Posts: 258
Registered: ‎08-09-2009

Re: Score Watch is not working.

I find it hard to believe that my score has not budged by even a point since December 3. My target score is set to my current score, so it should alert if it fluctuates by even one point. There have been some changes in my credit both of which raised my other ficos...... No alert.... Frustrating.


Starting Score: 460
Current Score: EQ 638, TU 688, EX 639,
Goal Score: 750

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