myFICO® Product Feedback

[Azumi1]

Just how slow is ScoreWatch?  I've been added as AU on two Chase cards, and have yet to have received an alert on either . One was reported to Equifax on the 18th, the other on the 21st.  I don't think I will be renewing this service when the 3 months are up. New accounts added should signal an alert as soon as they report, otherwise what's the point?     

[Duncanrr]

It does seem to be sporadic sometimes. Make sure your SW settings are properly setup.

[Azumi1]

An account being added is supposed to be an automatic alert regardless.

[rkb84]

How often do I get a new report? My score has changes 2 times in the last few weeks, but no new report.

[Azumi1]

You get one when you first sign up, and you get one more for free to use whenever. After that you have to purchase at a discount.

[beb86]

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Azumi1 wrote:

Just how slow is ScoreWatch?  I've been added as AU on two Chase cards, and have yet to have received an alert on either . One was reported to Equifax on the 18th, the other on the 21st.  I don't think I will be renewing this service when the 3 months are up. New accounts added should signal an alert as soon as they report, otherwise what's the point?     

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Its not SW... Every creditor is different when it comes to updating to the CRAs

[AJC1987]

I spoke to a MyFico rep this week and she said it could take up to a month to update because of the CRA's timelines.

[Azumi1]

So I broke down and bought a power report, the two accounts were on there, unfortunately they didn't have the impact I was expecting. My score went up 1 point, even though one account was over 30 yrs old with a perfect payment history and raised my aaoa to 8 yrs. My score hasn't moved much since I was "rebucketed" last month and lost 20 points for no reason.  I'll be cancelling my subscription in Dec. This just seems too much like a racket to me.

[llecs]

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Azumi1 wrote:

So I broke down and bought a power report, the two accounts were on there, unfortunately they didn't have the impact I was expecting. My score went up 1 point, even though one account was over 30 yrs old with a perfect payment history and raised my aaoa to 8 yrs. My score hasn't moved much since I was "rebucketed" last month and lost 20 points for no reason.  I'll be cancelling my subscription in Dec. This just seems too much like a racket to me.

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I don't think you would get an alert for the two new AUs because of the backdating. It's looking for new accounts with a new open date, as opposed to a new-old account with an open date of months/years ago.

[gettnthere]

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Azumi1 wrote:

So I broke down and bought a power report, the two accounts were on there, unfortunately they didn't have the impact I was expecting. My score went up 1 point, even though one account was over 30 yrs old with a perfect payment history and raised my aaoa to 8 yrs. My score hasn't moved much since I was "rebucketed" last month and lost 20 points for no reason.  I'll be cancelling my subscription in Dec. This just seems too much like a racket to me.

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Those type of things are going to happen to your report and/or score whether you have a SW subscription or not. Having a service like SW will actually give you an advantage because you will be on top of whats going on with your report instead of blindly guessing IMO.