topic Re: Vague alerts from MyFICO. in General Credit Topics

Vague alerts from MyFICO.

BM1990 — Sat, 02 Jul 2022 22:23:06 GMT

Anyone get vague alerts that don't have any explanation as to why your score went up? It says "Your Fico score has increased from x to x", but doesn't indicate why. Usually, it will tell me what changed on my score. Anyone have any input?

Re: Vague alerts from MyFICO.

Murph5065 — Sat, 02 Jul 2022 22:16:18 GMT

@BM1990 wrote:
Anyone get vague alerts that don't have any explanation as to why your score went up. It says "Your Fico score has increased from x to x", but doesn't indicate why. Usually, it will tell me what changed on my score. Anyone have any input?

I have the same problem, it showed my TU going up but does not show from what, even my EXP app does not reflect the up tick in score

Re: Vague alerts from MyFICO.

OmarGB9 — Sat, 02 Jul 2022 23:54:28 GMT

Alerts and scores aren't always related. Sometimes a negative alertable event can appear to cause a score *increase* or a positive alertable event can appear to cause a score *decrease.*

An alert just informs you of a change to your credit report, and when that change occurs, a fresh report and fresh score is pulled. It then adds the updated score to the alert, but they may not always be necessarily correlated.

Re: Vague alerts from MyFICO.

SouthJamaica — Sun, 03 Jul 2022 01:48:55 GMT

@BM1990 wrote:
Anyone get vague alerts that don't have any explanation as to why your score went up? It says "Your Fico score has increased from x to x", but doesn't indicate why. Usually, it will tell me what changed on my score. Anyone have any input?

MyFICO alerts never tell you why your score changed.

Re: Vague alerts from MyFICO.

Jordan23ww — Sun, 03 Jul 2022 02:12:34 GMT

I have had this issue since I've joined MyFico a couple of years ago. I've found that most times Credit Karma does a good job explaining what changes actually happened. So usually when I get one of those alerts within 24-48 hours I'll see some new information on CK for the changes if they occured on either Transunion or Equifax. Hopefully this will be the same for you too!

Re: Vague alerts from MyFICO.

GatorGuy — Sun, 03 Jul 2022 02:20:47 GMT

The majority of things that would cause your score to change will never create an alert.

Even when there is an alert, there are likely other favors in play that could be causing a score change as well.

Re: Vague alerts from MyFICO.

BM1990 — Sun, 03 Jul 2022 08:33:30 GMT

@GatorGuy wrote:
The majority of things that would cause your score to change will never create an alert.

Even when there is an alert, there are likely other favors in play that could be causing a score change as well.

Other factors such as ....?

Re: Vague alerts from MyFICO.

TheKid2 — Tue, 05 Jul 2022 17:36:23 GMT

Happens all the time. This recent one was my favorite, no other alert or info:

Re: Vague alerts from MyFICO.

OmarGB9 — Tue, 05 Jul 2022 18:19:22 GMT

@BM1990 wrote:
@GatorGuy wrote:
The majority of things that would cause your score to change will never create an alert.

Even when there is an alert, there are likely other favors in play that could be causing a score change as well.
Other factors such as ....?

Age-related metrics a lot of the time. Whether that's AAoA reaching X years, AoYA reaching 12 months, 12 months since last inquiry, inquiries dropping off, etc...

Re: Vague alerts from MyFICO.

Anonymous — Tue, 05 Jul 2022 18:29:39 GMT

Like you, I am also notified when my credit score goes up a little from time to time. Perhaps it's common as our credit accounts age.

Re: Vague alerts from MyFICO.

moto4man — Sat, 09 Jul 2022 11:29:35 GMT

In most cases, here at MF you'll see another alert within a couple days that gives an idication of why your score raised or lowered. For instance, you see a bump in score for no good reason what so ever, then a couple days later, you'll see an alert that indicates one of the following as an example: "Your total amount of debt has lowered by XXXX" "the balance on one of your accounts has been paid". Not an exact verbatim of the alert, but you get the idea.