06-09-2013 07:29 AM
I signed up for ScoreWatch yesterday, and my EQ score was 668. I logged in later in the day to set up alerts and things, and I saw this under alerts:
"Your FICO® score has exceeded your target score of 668"
it also said that my score may have changed because one of my areas of improvement isn't impacting my score as much. Anyway, is it possible that my score already increased from my initial reading on here, or is this just a glitch of some kind. There were no details beyond what I read, so I'm not sure.
06-09-2013 04:23 PM
06-09-2013 05:32 PM
06-09-2013 05:58 PM
No, it'll alert you to a new FICO for all credit alerts (e.g. balance increases, stati changes, new accounts, inquiries, etc.) or to a score alert. Your EQ FICO is monitored for changes every 7-10 days and if your EQ FICO hits or exceeds your target score in Settings, then you'll get alerted. I've received dozens of new score notifications in the past year. You only get two reports with the first being used when you subscribe.
I'm not entirely sure on your example why it didn't show a new score. If your target score wasn't set at 668, then I can see why you'd see what you saw, but if exactly set at 668, then I'd have to guess that maybe your score increased then decreased, or decreased then increased to where it was in the matter of a day. It can happen. But since you subscribed yesterday I can't see how that would happen so quickly since EQ only updates 1x/day.
06-09-2013 06:29 PM
myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.>> About myFICO