06-12-2012 01:44 PM
I have had the quarterly monitoring for a few month and just discovered a glitch that is a little disturbing.
I applied for a AMX BCP on 4/18 thru my AMX Gold card I have been waiting for Transunion to send me an alert about the new account so after 2 weeks from the statement date for the BCP and no alert I paid for a new TU report and the "new" account is on there.
I understand that with AMX backdating that the BCP account is not technically new, but it bothers me to know that someone got get a hold of my AMX information and apply for a new card with them and get the card and I would never know it, the same thing happened with EQ no alert of a new account but I did get an alert that my score had dropped, see below.
My AAoA has not changed since the "new" AMX BCP account showed up with 23 years of backdating.
06-12-2012 01:51 PM
myFICO TU service is not a credit monitoring service at all. It doesn't alert for anything except if you change your name or address. Thats all that the myFICO people thought it should do.
06-12-2012 02:02 PM
So why is it when you login its all about ID Theft....in my opinion this issue would be a easy way to grab an account and have fun with it.
They say to check your monitors, IE :
This is the easiest way to manage, monitor and protect your identity and your credit health.
06-12-2012 05:05 PM
Well. It pulls the TU report 4 times a year and can give you an update with new accounts and balances and other stuff at those times. As far as weekly updates though, I think it is only looking for name and address changes.
06-15-2012 05:39 AM
06-15-2012 07:14 AM
Are you saying that TU Quarterly Monitoring doesn't work the same way as EQ Scorewatch does?
TUQM is basically a pre-paid plan to get 4 reports quarterly at a reduced price, with 20% off all future TU FICO reports in the interim if you so choose. YOu don't get any credit or score alerts like you do with SW.