topic Re: Error with My FICO APP in General Credit Topics

Error with My FICO APP

Sebas101 — Thu, 28 Jul 2022 18:12:29 GMT

Can someone explain this to me?
Im totally confused 🫤
How do I gain points on one page and lose them on another...

Re: Error with My FICO APP

Centurion_Dreamer — Thu, 28 Jul 2022 18:35:03 GMT

I am new in this forum, but I think the alerts (TU: +16) are from yesterday (7/27) and the -16 is from today.

But perhaps we are in different time zones.

Re: Error with My FICO APP

Sebas101 — Thu, 28 Jul 2022 19:25:55 GMT

The app updated today on the 28th.. but the date says yesterday the 27th.. but it also dosent show why my score went down...

Re: Error with My FICO APP

Adkins — Sat, 30 Jul 2022 07:06:24 GMT

@Sebas101 wrote:
The app updated today on the 28th.. but the date says yesterday the 27th.. but it also dosent show why my score went down...

I've found that the app can literally be behind a day, and the scores and reasons given can be 24 hours or more apart.

Re: Error with My FICO APP

SouthJamaica — Sat, 30 Jul 2022 14:46:47 GMT

@Sebas101 wrote:
The app updated today on the 28th.. but the date says yesterday the 27th.. but it also dosent show why my score went down...

MyFICO doesn't tell you why your scores went up or down.

There are certain events which trigger MyFICO alerts. If there happens to be any difference between your present score at that particular bureau and the previous score reported to you from that bureau, the score change is tacked on to the alert. There is not necessarily any connection at all between the score change and the alert substance.

MyFICO explains this as follows:

Why did my score go up when I got an alert for something negative (or why did my score go down when I got an alert for something positive)?

The short answer: Your FICO® Score may change because of other events not monitored by an alert.

Whenever we send you a credit alert, we also send an updated FICO Score. To ensure you get the most current score, we calculate it based on your entire credit report at that point in time—not just the new information on the alert. This means your new score may reflect other changes that are outside of the things we watch for (see everything we monitor).

Sometimes you may see your score increase when you think it should’ve decreased, and vice-versa, but you’ll always have your most up-to-date and accurate score.
https://support.myfico.com/hc/en-us/articles/360038084633

Re: Error with My FICO APP

805orbust — Sun, 31 Jul 2022 11:38:32 GMT

^ This... plus it should be noted that the MyFico app is VERY sluggish almost all of the time. I've had:

* Scoreable events go unalerted for as much as a week

* Delays of same compared to Experian/ CK

* Scores improperly reported (always less of course... a quick screen refresh always fixes it however.)

* The score/reporting glitches miraculously correct themselves when refreshing my monthly 3B report.

* Countless additional glitches

It's a good app/service, however annoying as all get out when it comes to bugs. I use it, but always alongside other apps.

Re: Error with My FICO APP

learningcredit54 — Wed, 17 Aug 2022 12:30:24 GMT

@SouthJamaica wrote:
@Sebas101 wrote:
The app updated today on the 28th.. but the date says yesterday the 27th.. but it also dosent show why my score went down...
MyFICO doesn't tell you why your scores went up or down.

There are certain events which trigger MyFICO alerts. If there happens to be any difference between your present score at that particular bureau and the previous score reported to you from that bureau, the score change is tacked on to the alert. There is not necessarily any connection at all between the score change and the alert substance.

MyFICO explains this as follows:

Why did my score go up when I got an alert for something negative (or why did my score go down when I got an alert for something positive)?

The short answer: Your FICO® Score may change because of other events not monitored by an alert.

Whenever we send you a credit alert, we also send an updated FICO Score. To ensure you get the most current score, we calculate it based on your entire credit report at that point in time—not just the new information on the alert. This means your new score may reflect other changes that are outside of the things we watch for (see everything we monitor).

Sometimes you may see your score increase when you think it should’ve decreased, and vice-versa, but you’ll always have your most up-to-date and accurate score.
https://support.myfico.com/hc/en-us/articles/360038084633

This post and this thread brought me peace. I was having a hard time understanding MyFico sometimes. Only a few months into actually paying attention to my profile and learning how to properly manage credit so this is super helpful. I am a late starter in the fair/good credit game (38 years old) but I guess its never too late to start.

Re: Error with My FICO APP

FireMedic1 — Wed, 17 Aug 2022 19:39:26 GMT

MyFICO can have alerts you know will raise a score. You do a monthly pull and nothing. Then a week later an alert pops up. You have changes to your score. Huh? Oh now it shows. But sometimes an alert will come in and instanly the score change happens. You'll get used to it.

Re: Error with My FICO APP

SouthJamaica — Wed, 17 Aug 2022 20:39:33 GMT

@learningcredit54 wrote:
@SouthJamaica wrote:
@Sebas101 wrote:
The app updated today on the 28th.. but the date says yesterday the 27th.. but it also dosent show why my score went down...
MyFICO doesn't tell you why your scores went up or down.

There are certain events which trigger MyFICO alerts. If there happens to be any difference between your present score at that particular bureau and the previous score reported to you from that bureau, the score change is tacked on to the alert. There is not necessarily any connection at all between the score change and the alert substance.

MyFICO explains this as follows:

Why did my score go up when I got an alert for something negative (or why did my score go down when I got an alert for something positive)?

The short answer: Your FICO® Score may change because of other events not monitored by an alert.

Whenever we send you a credit alert, we also send an updated FICO Score. To ensure you get the most current score, we calculate it based on your entire credit report at that point in time—not just the new information on the alert. This means your new score may reflect other changes that are outside of the things we watch for (see everything we monitor).

Sometimes you may see your score increase when you think it should’ve decreased, and vice-versa, but you’ll always have your most up-to-date and accurate score.
https://support.myfico.com/hc/en-us/articles/360038084633
This post and this thread brought me peace. I was having a hard time understanding MyFico sometimes. Only a few months into actually paying attention to my profile and learning how to properly manage credit so this is super helpful. I am a late starter in the fair/good credit game (38 years old) but I guess its never too late to start.

That's not a late start at all in my book I'm glad you're learning this stuff.

And by the way you're not alone in being confused by the MyFICO alerts. I'm glad they have the disclaimer which puts it in perspective, but I wish it was placed more prominently.