topic Re: Credit Tracker in General Credit Topics

Credit Tracker

Anonymous — Mon, 04 May 2015 13:54:26 GMT

As most of you know from my previous posts, I am in the process of rebuilding my credit. I am currently at a 501 FICO however based on simulators and points I recently lost that should come back I expect a rapid increase back to around 600. This is important as I am waiting to be able to apply for financing for a engagement ring.

Typically I am patient enough to just wait and check my monthly report I recieve from my bank, but right now I would like to monitor it on a daily basis so I know exactly when I can go in an apply for financing. I am basically looking for something at $10-$15 a month that will update my score daily and that does not have a long term requirement (i.e. you have to commit to a year of membership). I want to be able to cancel it after a few months if I decide to.

What are my best options?

Thanks!

Re: Credit Tracker

Momof5 — Mon, 04 May 2015 14:10:07 GMT

Opening that can of worms again......

OP, It is admirable that you are getting your financial house in order prior to marriage, however, if you do a search on the boards for engagement ring, you will find that this is not favored on the board.

I chimed in on a previous post...maybe you might want to review advice given previously on this subject.

Re: Credit Tracker

Anonymous — Mon, 04 May 2015 14:13:11 GMT

I asked for advice on a credit tracker, not where to finance a ring. I have recieved zero advice on that topic.

Re: Credit Tracker

Anonymous — Mon, 04 May 2015 14:29:39 GMT

Getting your financial house in order to finance an engagement ring is like going to rehab in preparation for a big kegger. That unsolicited advice is my wedding gift to you.

Re: Credit Tracker

Anonymous — Mon, 04 May 2015 14:38:06 GMT

@Anonymous wrote:
Getting your financial house in order to finance an engagement ring is like going to rehab in preparation for a big kegger. That unsolicited advice is my wedding gift to you.

Good advice.

Statistically, you'll have a happier marriage if you spend less on your nuptials, including the ring. If your potential mate will reject your proposal due to a subpar offering...well....

Re: Credit Tracker

Anonymous — Mon, 04 May 2015 14:39:56 GMT

@Anonymous wrote:
I asked for advice on a credit tracker, not where to finance a ring. I have recieved zero advice on that topic.

MyFICO is good but you don't get updated reports. You can use Credit Karma as a backup to view the actual entries, and MyFICO to monitor your scores.

TU offers a monitoring system that updates daily, just for their reports, that is $16 a month but I wouldn't recommend it.

Re: Credit Tracker

Anonymous — Mon, 04 May 2015 14:52:44 GMT

OP is not asking where /how to finance a ring but rather where to get a cheaper credit report and score. Lets answer the question asked and not make assumptions based on previous posts.

OP, have you looked into Credit Karma? They give you free TU and EQ for free in terms of FAKOs. For a real FICO, you'd have to get them here and do it monthly. With the subscription, you can cancel anytime.

Re: Credit Tracker

truckerwife — Mon, 04 May 2015 15:04:40 GMT

I use Credit Karma and the credit tracker with my Capital one card for the most part. I did recently sign up for MyFico because I wanted to see my actual scores after working on my credit for 6+ months. I have recently disputed, sent DV, and asked for EE, once I hear back regarding all of these I'll cancel MyFico for a bit and continue on plugging away. My goal is to remove the bad credit lines and inch my way closer to 700.

Good luck with your journey

Re: Credit Tracker

Anonymous — Mon, 04 May 2015 15:22:39 GMT

Hello Pencerm:

I actually use USAA Credit monitoring services. It is based off of Experian. You initially have to sign up through the USAA site and obtain a USAA number. Once you do this you can call in and give them your USAA number and let them know you are interested in a daily puller of reports and scores. Again, you have to call in for the daily puller services, but well worth the call. They can immediately set you up for that. Now, with that being said, it's $22 per month. When the rep told me this I asked her if they could do it at a lower rate? She immediately lowered the monthly charge to $16.46 per month for six months. I call in every six months and they renew it for me at the $16 rate.

This is a daily puller with daily reports and scores for all three bureaus. To me, for $16 a month you can't beat it. There's no commitment and you do not have to be in the military to join.

Please let me know if you have any questions. Best of Luck!!

Re: Credit Tracker

Anonymous — Mon, 04 May 2015 15:21:20 GMT

@Anonymous wrote:
As most of you know from my previous posts, I am in the process of rebuilding my credit. I am currently at a 501 FICO however based on simulators and points I recently lost that should come back I expect a rapid increase back to around 600. This is important as I am waiting to be able to apply for financing for a engagement ring.

Typically I am patient enough to just wait and check my monthly report I recieve from my bank, but right now I would like to monitor it on a daily basis so I know exactly when I can go in an apply for financing. I am basically looking for something at $10-$15 a month that will update my score daily and that does not have a long term requirement (i.e. you have to commit to a year of membership). I want to be able to cancel it after a few months if I decide to.

What are my best options?

Thanks!

I don't think you'll find anything in that price range, but Experians credit tracker is $1 for the first 7 days, then $20 per month for each bureau. Pick your middle score and track that one. Experian lets you pull a new score daily.

Re: Credit Tracker

Anonymous — Mon, 04 May 2015 15:34:25 GMT

@Anonymous wrote:
Hello Pencerm:

I actually use USAA Credit monitoring services. It is based off of Experian. You initially have to sign up through the USAA site and obtain a USAA number. Once you do this you can call in and give them your USAA number and let them know you are interested in a daily puller of reports and scores. Again, you have to call in for the daily puller services, but well worth the call. They can immediately set you up for that. Now, with that being said, it's $22 per month. When the rep told me this I asked her if they could do it at a lower rate? She immediately lowered the monthly charge to $16.46 per month for six months. I call in every six months and they renew it for me at the $16 rate.

This is a daily puller with daily reports and scores for all three bureaus. To me, for $16 a month you can't beat it. There's no commitment and you do not have to be in the military to join.

Please let me know if you have any questions. Best of Luck!!

Nice.... I'll have to look into this. I just opened a membership with USAA but I have not funded any accounts yet.

Re: Credit Tracker

InvincibleSummer3 — Mon, 04 May 2015 15:43:10 GMT

@Anonymous wrote:
Hello Pencerm:

I actually use USAA Credit monitoring services. It is based off of Experian. You initially have to sign up through the USAA site and obtain a USAA number. Once you do this you can call in and give them your USAA number and let them know you are interested in a daily puller of reports and scores. Again, you have to call in for the daily puller services, but well worth the call. They can immediately set you up for that. Now, with that being said, it's $22 per month. When the rep told me this I asked her if they could do it at a lower rate? She immediately lowered the monthly charge to $16.46 per month for six months. I call in every six months and they renew it for me at the $16 rate.

This is a daily puller with daily reports and scores for all three bureaus. To me, for $16 a month you can't beat it. There's no commitment and you do not have to be in the military to join.

Please let me know if you have any questions. Best of Luck!!

Agreed. I use this too, and it's been great. Invaluable to my rebuilding, for sure.

Re: Credit Tracker

Anonymous — Mon, 04 May 2015 15:45:19 GMT

It's truly the best I've found for the money and the site is very user friendly.

Re: Credit Tracker

gdale6 — Mon, 04 May 2015 16:38:19 GMT

MPM thru Eliminate ID Theft is 3 bureau pull daily, scores are FAKO the TU new accounts model. 12.95/mo There is no place that I know of that you can get Fico scores on a daily basis without paying for them.

Re: Credit Tracker

Anonymous — Mon, 04 May 2015 16:41:29 GMT

@Anonymous wrote:
Getting your financial house in order to finance an engagement ring is like going to rehab in preparation for a big kegger. That unsolicited advice is my wedding gift to you.
I don't think you know much about my situation. I make six figures, and my bonus this winter will be in the neighborhood of $10,000. The ring I would like to buy is $5,700. I have $0 in credit card debt. I could pay cash for that ring before Christmas. However I am choosing to pay a little bit of interest in order to build my credit score and enjoy the benefit to my credit score that comes along with in store financing before I eventually choose to pay the balance.

My financial house is in order. We make a lot of money. Her credit score is 750+. We own our own home outright. I have paid all of my debt down. I am simply waiting on my score to increase. But thank you for the advice. My FICO score is 501. It isn't going to go up if I pay cash for everything.

Re: Credit Tracker

Anonymous — Mon, 04 May 2015 16:43:22 GMT

@Anonymous wrote:
@Anonymous wrote:
Getting your financial house in order to finance an engagement ring is like going to rehab in preparation for a big kegger. That unsolicited advice is my wedding gift to you.
Good advice.

Statistically, you'll have a happier marriage if you spend less on your nuptials, including the ring. If your potential mate will reject your proposal due to a subpar offering...well....

Again, thank you for the sound advice. My future mate will be okay with whatever I choose to buy her, Dr. Phil. I think you're mistaking me for someone who is broke, not someone who needs to repair credit.

Re: Credit Tracker

Anonymous — Mon, 04 May 2015 16:44:19 GMT

@Anonymous wrote:
Hello Pencerm:

I actually use USAA Credit monitoring services. It is based off of Experian. You initially have to sign up through the USAA site and obtain a USAA number. Once you do this you can call in and give them your USAA number and let them know you are interested in a daily puller of reports and scores. Again, you have to call in for the daily puller services, but well worth the call. They can immediately set you up for that. Now, with that being said, it's $22 per month. When the rep told me this I asked her if they could do it at a lower rate? She immediately lowered the monthly charge to $16.46 per month for six months. I call in every six months and they renew it for me at the $16 rate.

This is a daily puller with daily reports and scores for all three bureaus. To me, for $16 a month you can't beat it. There's no commitment and you do not have to be in the military to join.

Please let me know if you have any questions. Best of Luck!!

Thanks! I will definitely look into this. My future wife comes from a military family and all of their insurance, loans, etc. go through USAA. I hear a lot of good things. I will have to look into this service.

Re: Credit Tracker

Anonymous — Mon, 04 May 2015 16:45:26 GMT

@Anonymous wrote:
@Anonymous wrote:
As most of you know from my previous posts, I am in the process of rebuilding my credit. I am currently at a 501 FICO however based on simulators and points I recently lost that should come back I expect a rapid increase back to around 600. This is important as I am waiting to be able to apply for financing for a engagement ring.

Typically I am patient enough to just wait and check my monthly report I recieve from my bank, but right now I would like to monitor it on a daily basis so I know exactly when I can go in an apply for financing. I am basically looking for something at $10-$15 a month that will update my score daily and that does not have a long term requirement (i.e. you have to commit to a year of membership). I want to be able to cancel it after a few months if I decide to.

What are my best options?

Thanks!
I don't think you'll find anything in that price range, but Experians credit tracker is $1 for the first 7 days, then $20 per month for each bureau. Pick your middle score and track that one. Experian lets you pull a new score daily.

Thanks, Norman. Is this something I could cancel within the first 7 days if I decide against it? Or will I be tied into a full membership after the 7 days is up?

Re: Credit Tracker

Anonymous — Mon, 04 May 2015 16:46:52 GMT

@gdale6 wrote:
MPM thru Eliminate ID Theft is 3 bureau pull daily, scores are FAKO the TU new accounts model. 12.95/mo There is no place that I know of that you can get Fico scores on a daily basis without paying for them.

I will look into this as well. Thanks!

Re: Credit Tracker

Anonymous — Mon, 04 May 2015 16:49:31 GMT

@Anonymous wrote:
@Anonymous wrote:
Hello Pencerm:

I actually use USAA Credit monitoring services. It is based off of Experian. You initially have to sign up through the USAA site and obtain a USAA number. Once you do this you can call in and give them your USAA number and let them know you are interested in a daily puller of reports and scores. Again, you have to call in for the daily puller services, but well worth the call. They can immediately set you up for that. Now, with that being said, it's $22 per month. When the rep told me this I asked her if they could do it at a lower rate? She immediately lowered the monthly charge to $16.46 per month for six months. I call in every six months and they renew it for me at the $16 rate.

This is a daily puller with daily reports and scores for all three bureaus. To me, for $16 a month you can't beat it. There's no commitment and you do not have to be in the military to join.

Please let me know if you have any questions. Best of Luck!!
Nice.... I'll have to look into this. I just opened a membership with USAA but I have not funded any accounts yet.

Just took a look at this on USAA's website. Its a once per month score and report pull, and its the "Plus" score so its a FAKO, rather than a true FICO score.

Experians deal seems better (to me at least) since it gives an actual FICO score updated daily.