topic FICO score reporting in myFICO® Forums Technical Help

FICO score reporting

Anonymous — Fri, 28 May 2010 17:39:01 GMT

I have noticed the past couple of times when an account balance increases on my ScoreWatch account that it reports it twice and says "2 of your accounts show balance increases". Is this just a glitch in the ScoreWatch system or is that what the actual credit reporting agency is reporting? Do I need to straighten that out with ScoreWatch, the CRA or with the credit card company?

Re: FICO score reporting

Lel — Fri, 28 May 2010 17:51:03 GMT

It's a glitch in the Score Watch alerts. Your account is not being double reported by the creditors. Your credit report only has one entry for each account. There's no "double hit" to your credit score because of the Score Watch alert.

Everyone has been seeing this happen for the past few months. It's being worked on, and hopefully it will be fixed soon. But it's nothing to worry about, really.