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Why no installment loan alerts?

Super Contributor

Why no installment loan alerts?


I receive alerts over the slightest changes in revolving credit card accounts, and no alerts at all for even

major changes in installment loan accounts which have major impact on scores.

 

Why?

FICO8 EQ 721 TU 747 EX 732 Total revolving credit 454000
1 REPLY
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Re: Why no installment loan alerts?

Giving this question a bump. For those who pay more than minimum monthly installment payment, would be nice for MyFICO to reflect that. Also, must we wait for a credit card balance change to be notified of a score change resulting from crossing an installment loan balance threshold? Thanks!