Credit Card Center Advertiser Disclosure

Valued Member
Posts: 26
Registered: ‎08-18-2008
0 Kudos

"Perpetual" subscription

The business model for ScoreWatch seems to be that they sign you up and then keep renewing you forever unless extreme and special care is taken to terminate the subscription.


I've used ScoreWatch for several years, and valued its service. Now that I am no longer mortgage shopping I began to question the value of paying well over $100 a year for the service. I remembered that I would get an email each year when the subscription was due for renewal, alerting me that I could cancel if desired and what to do. For some reason, last year I let it slide and lazed on for another year. Then I realized just how costly ScoreWatch is! So I put a huge note in my Excel financial planner "NOT TO RENEW ScoreWatch!!!". I have looked at that note all year long until now.


Today I got an email that my ScoreWatch was "successfully renewed" for $150. $150 !!. No previous notification that renewal was imminent, etc. I am pretty ticked off about this. I remember reading posts here some years ago where people didn't like this "perpetual subscription" and how difficult it was for them to terminate it.


I look around in the Member Center (which is a confusing mess) and try to find an option to continue or terminate the "perpetual subscription", there ain't no such thing. Feedback: really, the business model stinks from the consumer's viewpoint.

Valued Contributor
Posts: 2,691
Registered: ‎07-29-2009
0 Kudos

Re: "Perpetual" subscription

If you decide to carry it this year, go in and remove your cc payment information. They will email you to update your payment information when it is time to renew. Tell them then that you want to cancel.


Be sure to copy off any reports you might have in your account before you cancel. They will all disappear right away.


If you cancel now, they will give you a prorated refund, will they not?

Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.

† Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
‡ Credit cards for FICO Score ranges: The score ranges are guidelines based on internal myFICO analysis of actual applicant approvals, and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range. These ranges were not provided by any card issuer.

* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.