topic Re: Monitoring all 3 FICO scores in General Credit Topics

Monitoring all 3 FICO scores

Anonymous — Mon, 10 Dec 2007 02:46:19 GMT

Is there a product that I can purchase to constantly monitor all 3 fico scores?

Re: Monitoring all 3 FICO scores

SmartCookie — Mon, 10 Dec 2007 02:55:58 GMT

Sadly, no. We'd be all over it if so.

Re: Monitoring all 3 FICO scores

Anonymous — Mon, 10 Dec 2007 03:07:03 GMT

Oh...so you can only buy it once a year with my fico?

Re: Monitoring all 3 FICO scores

SmartCookie — Mon, 10 Dec 2007 03:09:50 GMT

Micaela09 wrote:
Oh...so you can only buy it once a year with my fico?

You can buy FICOs every day if you wanted to. No one does because that would run over 30 bucks a day. Try a monitoring service so you can keep on top of your reports. The scores there are FAKOs and only indicate what changes MIGHT be occuring with your FICOs. FAKOs are not used for scoring purposes so don't worry if they are vastly different.

Search the boards for 'daily monitoring' to get some options of services that do this.

Re: Monitoring all 3 FICO scores

jackg — Mon, 10 Dec 2007 18:20:02 GMT

What is your definition of "constantly monitor"?

Re: Monitoring all 3 FICO scores

Anonymous — Wed, 12 Dec 2007 01:58:53 GMT

I thought you could check it once a month or so? Just got an email from MyFico about quarterly monitoring....

Re: Monitoring all 3 FICO scores

Anonymous — Wed, 12 Dec 2007 02:12:06 GMT

if I had the money to blow I would 4 Annual Myfico purchase each space 3 month part

Re: Monitoring all 3 FICO scores

haulingthescoreup — Thu, 13 Dec 2007 02:35:34 GMT

There are two different ongoing monitoring services from FICO: the quarterly TU service that you got an e-mail on, and EQ Scorewatch. Click on the Products tab at the top left of your screen and you can compare.

For EQ Scorewatch, the price pays for 2 EQ scores and reports --one you get immediately, and the second you choose. It periodically checks your reports and sends you alerts if things change that might affect your credit scores (usually.) When you do get an alert, if you want to pull an EQ score report (other than the ones that come with the deal), the price is discounted.

For the TU quarterly monitoring product, you are paying for a 4 TU reports, available every quarter. It checks weekly for things like changes of address --demographic info that might indicate that someone is trying to steal your ID. When it pulls your score each quarter, you get graphs and whatnot showing changes in your scores and reports. But in between these quarterly pulls, it does not look for changes that might affect your credit scores, as the EQ product does.

My preference is TrueCredit for monitoring reports frequently, and paying for scores when it looks like it's time. I'm hoping to get to where I only pull quarterly! LOL Right now I have a lot of stuff going on, and very little patience and self-control, so I'm not there yet. I also have Scorewatch. Too much money, yes, but I screwed up my credit with stupid decisions and inaction, and to me, this is worthwhile for now.

Re: Monitoring all 3 FICO scores

fused — Fri, 14 Dec 2007 01:58:47 GMT

jackg wrote:

What is your definition of "constantly monitor"?

For me, pulling 3-4 a week.

Re: Monitoring all 3 FICO scores

Tuscani — Fri, 14 Dec 2007 22:31:48 GMT

http://ficoforums.myfico.com/fico/board/message?board.id=ficoscoring&message.id=5457

Re: Monitoring all 3 FICO scores

smallfry — Sat, 15 Dec 2007 02:41:48 GMT

@haulingthescoreup wrote:
There are two different ongoing monitoring services from FICO: the quarterly TU service that you got an e-mail on, and EQ Scorewatch. Click on the Products tab at the top left of your screen and you can compare.

For EQ Scorewatch, the price pays for 2 EQ scores and reports --one you get immediately, and the second you choose. It periodically checks your reports and sends you alerts if things change that might affect your credit scores (usually.) When you do get an alert, if you want to pull an EQ score report (other than the ones that come with the deal), the price is discounted.

For the TU quarterly monitoring product, you are paying for a 4 TU reports, available every quarter. It checks weekly for things like changes of address --demographic info that might indicate that someone is trying to steal your ID. When it pulls your score each quarter, you get graphs and whatnot showing changes in your scores and reports. But in between these quarterly pulls, it does not look for changes that might affect your credit scores, as the EQ product does.

My preference is TrueCredit for monitoring reports frequently, and paying for scores when it looks like it's time. I'm hoping to get to where I only pull quarterly! LOL Right now I have a lot of stuff going on, and very little patience and self-control, so I'm not there yet. I also have Scorewatch. Too much money, yes, but I screwed up my credit with stupid decisions and inaction, and to me, this is worthwhile for now.

I would feel uncomfortable not being able to pull at least a few times a month because of possible ID theft.

Re: Monitoring all 3 FICO scores

haulingthescoreup — Sat, 15 Dec 2007 03:05:48 GMT

@smallfry wrote:
I would feel uncomfortable not being able to pull at least a few times a month because of possible ID theft.

Agree!

I always joke that no one would want to steal my identity, but in fact, once it happens, it takes years and years and years to finally fix.

Re: Monitoring all 3 FICO scores

Anonymous — Sun, 16 Dec 2007 18:24:39 GMT

Ok so I know it's not nice to advertise True Credit on a myFICO forum but my method is to use TC's 3 bureau monitoring for $14.95 a month in addition to my SW $89.95 for the year. So I know that neither is perfect and you might not get all the alerts you expect but you ARE SUPPOSED to be able pull you CBRs anytime you want on TC. This is included in your service. However, I have read here that TC trips on constant pulls so I just pull once or twice a week. Lets me know up to date info and if I see that things look alot better on my current TC reports than they do on my SW reports, then I pull my scores from SW to see what the effect has been to my FICO score (since TC uses FAKO).

So far, I haven't pulled my SW reports in about a month and don't think I will until at least a few months from now until I drive some balances down.