Ive been getting score updates usually on a regular monthly basis but I havent in 2 months and my credit card debt has been completely
wiped to 0 and my reports are showing 0 balances on my cards. Now today i get an alert for my capital one card
Alert: The balance on one of your accounts has increased by 771%
I didnt know a balance can increase 771%, I must have a rediculously high limit that im not aware of
Well, 771% is a relative term. If your balance was 10 dollars and it went to
$87.10 it would be an increas of 771%. . (on another note when I was looking for the little emoticon, I accidentall clicked on one titled "manwink" which just seems a little creepy)
I completley agree with the fact that Scorewatch has quite a few bugs that need to be sworked out. Last week I received a Scorewatch e-mail that my score had gone up 9 points, then immediatley following that, I received another e-mail saying "congradulationgs, your score has not changed in the last month" or something along those lines.
Anyway, my main gripe is that Scorewatch seems to be a sporadic updater. What I mean is, that it def. doesn't pull daily. Maybe weekly, maybe even more than that. While I understand that it costs MyFico money everytime they pull a report (and hence report an updated score) I think most were misldead by the statement that we would recieve an update whenver our score changed. It's more like, we'll recieve an update whenever our score changes and after we discover that change."
I'm going to cancel my service. Think about it. I know I'm better off with going with a service like CCT (Credit Check Total) which gives you DAILY pulls. Then I can just pull my FICO whenever I have an alert that somthing changed. Case in point, I know a collection was just deleted from my reports. My Equifax report (as of 11/12/09 shows that it has been deleted. MyFico? Nothing yet. From CCT is should of been deleted on the 9th. It's just kind of ridiculous when I'm paying the monthly fee, and also paying when I want a Score Power Report, or whatever they call it. Because that's what I've been doing, and that's how I've been "notified" that my score has changed.