topic Re: MYFICO not updating??????????? in General Credit Topics

MYFICO not updating???????????

Anonymous — Wed, 09 Mar 2016 15:39:38 GMT

For some reason MYFICO is not updating fo rme. Cap1, Discover, and BofA have all reported to the CB 5 days ago and yet MYFICO hasnt updated. Last month there was a 2 day lag, not it seems as if I am forgotten. Is this normal? Ex, TU, EQ all have been updated as of the 4th of March.

Re: MYFICO not updating???????????

Anonymous — Wed, 09 Mar 2016 16:07:48 GMT

When I subscribed to the myfico 3b in the past, there were always 10-14 day periods where myfico would lag well behind what the credit bureaus were reporting. I canceled my subscription because I did not want to pay and wait 14 days for information to update. Sorry.

Re: MYFICO not updating???????????

Anonymous — Wed, 09 Mar 2016 16:36:41 GMT

I have been experiencing a 4-5 day lag also

Re: MYFICO not updating???????????

Anonymous — Thu, 10 Mar 2016 00:16:28 GMT

@Anonymous wrote:
When I subscribed to the myfico 3b in the past, there were always 10-14 day periods where myfico would lag well behind what the credit bureaus were reporting. I canceled my subscription because I did not want to pay and wait 14 days for information to update. Sorry.

Ditto for me.

Re: MYFICO not updating???????????

Revelate — Thu, 10 Mar 2016 03:35:24 GMT

Apparently MF is pulling the credit report now at least for Experian, so two lag times:

1) Bureau updating the credit report

2) MF pulling the report.

Tale of the unfortunate tape, and yeah 5 days just on the MF side, not inclusive of whenever EX gets around to updating balances (as EQ and TU both fail this). And what do you know heh, 3/4 was my last update. Guessing I'll get a number of changes when it refreshes, what I need to do next is go compare my EX score changes with the dates of the soft pulls from MF as there's a 25 day window in one of those.

Account name

MYFICO CONSUMER SERVICES

Date of request(s)

03/04/2016

03/01/2016

02/26/2016

02/18/2016

02/17/2016

02/16/2016

02/13/2016

01/28/2016

01/22/2016

01/20/2016

01/16/2016

01/15/2016

01/14/2016

01/13/2016

12/30/2015

12/28/2015

12/15/2015

12/13/2015

12/10/2015

11/04/2015

10/29/2015

10/04/2015

<snip>

Re: MYFICO not updating???????????

Anonymous — Thu, 10 Mar 2016 15:22:56 GMT

Could someone clear this up for me as well? I have two capital one cards with a total limit of 6.5k which I just paid down to 500 last week. Both cards' statements came due between last week and Monday. I still have yet to see an update. I just signed up for MyFico on Monday, and I still see a total utilization rate of 73%. When should I expect to see an update from each of the three bureaus? When should I expect to get an alert from MyFico?

Re: MYFICO not updating???????????

driftless — Thu, 10 Mar 2016 20:01:10 GMT

MF hasn't updated for me since 2/25. Even CK is more current. Edit: there should have been a number of triggers which should have updated my account during that time.

Re: MYFICO not updating???????????

EdMan63 — Thu, 10 Mar 2016 16:45:22 GMT

I've been a Credit Check Total customer for the past several months because for some reason myFico could never pull my Experian report. They said it had a fraud alert on it or something. Contacted Experian and wrote a letter and last month was finally able to subscribe to myFico. My Experian gained 7 points end of Feb and myFico still has not updated since 2/16. At this point my Experian was the main score I was watching so myFico wasn't worth the $29 vs $15 with Credit Check Total. Plus you only get the 3B every 3 months vs every month with CCT.

Re: MYFICO not updating???????????

takeshi74 — Fri, 11 Mar 2016 13:54:54 GMT

@Anonymous wrote:
When should I expect to get an alert from MyFico?

The whole point of this thread is that myFICO doesn't seem to be updating in a timely fashion even considering its triggers. If people are having this issue how can we tell you when you should expect the update? If myFICO is working properly it should update when a given report updates and the update is a trigger.

http://myfico.custhelp.com/app/answers/detail/a_id/463/~/understanding-what-triggers-fico%C2%AE-3-bureau-credit-monitoring-and-fico%C2%AE-identity

Part of the delay with report updates is that the CRA's do not instantly update when creditors report to them. It can take a CRA several business days to update after receiving the update from the creditor. See also Revelate's thread:

http://ficoforums.myfico.com/t5/General-Credit-Topics/Bureau-updates-monitoring-solutions-and-us/td-p/4490683

If you don't want to rely on a trigger based service then you should look into using a service that offers regular update intervals. Credit Check Total is one popular option.

Re: MYFICO not updating???????????

Appleman — Fri, 11 Mar 2016 14:19:29 GMT

On Credit Check Total I see they have one week for $1 and after that it is $29.95 a month. I know someone else quoted $15 a month in this thread, is it a different product or was it a special?

I am currently trying quite a few services out and plan to cancel most in the first month.

Re: MYFICO not updating???????????

Revelate — Fri, 11 Mar 2016 14:20:40 GMT

@Appleman wrote:
On Credit Check Total I see they have one week for $1 and after that it is $29.95 a month. I know someone else quoted $15 a month in this thread, is it a different product or was it a special?
I am currently trying quite a few services out and plan to cancel most in the first month.

I think if you call to cancel they were doing a bunch of specials, might still be.

Re: MYFICO not updating???????????

Appleman — Fri, 11 Mar 2016 14:22:08 GMT

Revelate, where were you able to obtain those pull dates in your post? I am assuming those are the soft pulls?

Re: MYFICO not updating???????????

Revelate — Fri, 11 Mar 2016 14:37:27 GMT

@Appleman wrote:
Revelate, where were you able to obtain those pull dates in your post? I am assuming those are the soft pulls?

They are indeed the soft pulls from the monitoring solution, available from annualcreditreports.com or in my case disputing some of the laughably broken extraneous addresses that got reported after my move.

Re: MYFICO not updating???????????

driftless — Fri, 11 Mar 2016 17:30:38 GMT

Are there any other services other than MF and CCT that show all 3 CRA's?