topic Re: myFICO® Identity Theft Security Deluxe in myFICO® Product Feedback

myFICO® Identity Theft Security Deluxe

Tuscani — Fri, 22 Jun 2007 14:43:53 GMT

Just curious if any of you have checked it out?

http://www.myfico.com/Products/IDF/Description.aspx

This product is similar to Score Watch except for it monitors TU instead. I started using it recently and highly recommend!

Key differences between Score Watch and myFICO Identity Theft Security Deluxe

-Score Watch monitors only your Equifax credit report and FICO score while myFICO Identity Theft Security Deluxe monitors only Transunion

-Score Watch monitors for changes every day. myFICO Identity Theft Security Deluxe monitors for changes every three months.

-myFICO Identity Theft Security Deluxe also includes a $25,000, no-deductible identity theft insurance policy and a toll-free help line in case you become a victim of identity theft. Score Watch does not include these items.

-Score Watch interprets how changes in your Equifax credit report can impact your FICO score. myFICO Identity Theft Security Deluxe interprets how changes in your Transunion credit report can be evidence of identity theft.

-Both products will send you an alert email when changes are detected in your credit report or score. Score Watch can also send an alert text message to your cell phone or wireless device.

Re: myFICO® Identity Theft Security Deluxe

smallfry — Fri, 22 Jun 2007 19:32:32 GMT

I just got it the other day. I'm a sucker for a cheap FICO report. I'll let you know how it handles my alert situation in the near future. I have a lot of new goodies about to report. The presentation on all the FICO products is very attractive. Might be a tad slower than another SW product but what's a day among friends? Sabe? Funny thing is TC is as quick if not quicker than all the reporting bureaus with their own info. That's a head shaker for me.

Re: myFICO® Identity Theft Security Deluxe

Anonymous — Tue, 26 Jun 2007 04:17:16 GMT

@Tuscani wrote:
Just curious if any of you have checked it out?

http://www.myfico.com/Products/IDF/Description.aspx

This product is similar to Score Watch except for it monitors TU instead. I started using it recently and highly recommend!

Key differences between Score Watch and myFICO Identity Theft Security Deluxe

-Score Watch monitors only your Equifax credit report and FICO score while myFICO Identity Theft Security Deluxe monitors only Transunion

-Score Watch monitors for changes every day. myFICO Identity Theft Security Deluxe monitors for changes every three months.

-myFICO Identity Theft Security Deluxe also includes a $25,000, no-deductible identity theft insurance policy and a toll-free help line in case you become a victim of identity theft. Score Watch does not include these items.

-Score Watch interprets how changes in your Equifax credit report can impact your FICO score. myFICO Identity Theft Security Deluxe interprets how changes in your Transunion credit report can be evidence of identity theft.

-Both products will send you an alert email when changes are detected in your credit report or score. Score Watch can also send an alert text message to your cell phone or wireless device.

Identity Theft seems like a good report but question the value. I have some incorrect items on my report and probably need to move on to a report that monitors my score and gives me a credit report

Re: myFICO® Identity Theft Security Deluxe

Tuscani — Tue, 26 Jun 2007 13:56:57 GMT

@Anonymous wrote:

@Tuscani wrote:

Just curious if any of you have checked it out?

http://www.myfico.com/Products/IDF/Description.aspx

This product is similar to Score Watch except for it monitors TU instead. I started using it recently and highly recommend!

Key differences between Score Watch and myFICO Identity Theft Security Deluxe

-Score Watch monitors only your Equifax credit report and FICO score while myFICO Identity Theft Security Deluxe monitors only Transunion

-Score Watch monitors for changes every day. myFICO Identity Theft Security Deluxe monitors for changes every three months.

-myFICO Identity Theft Security Deluxe also includes a $25,000, no-deductible identity theft insurance policy and a toll-free help line in case you become a victim of identity theft. Score Watch does not include these items.

-Score Watch interprets how changes in your Equifax credit report can impact your FICO score. myFICO Identity Theft Security Deluxe interprets how changes in your Transunion credit report can be evidence of identity theft.

-Both products will send you an alert email when changes are detected in your credit report or score. Score Watch can also send an alert text message to your cell phone or wireless device.

Identity Theft seems like a good report but question the value. I have some incorrect items on my report and probably need to move on to a report that monitors my score and gives me a credit report

That is what this product does (TU only).

Re: myFICO® Identity Theft Security Deluxe

Anonymous — Wed, 27 Jun 2007 23:23:59 GMT

I think this is an under-rated product. I like all the little charts and graphs.

There's only one concern with it: you're supposed to get a 20% discount on additional reports, but if you use the link, the code provided was changed a couple months ago to only give a 10% discount.

I didn't notice that for a while and wound up getting 10% (instead of 20%) on 7 reports.

That said, if there came to be a ScoreWatch-like product for TU, I'd dump this one like a hot potato. I'd also dump TrueCredit.

Re: myFICO® Identity Theft Security Deluxe

smallfry — Thu, 28 Jun 2007 01:59:47 GMT

Very slow. At least a week behind in inquiries. Useful for the one time $4 TU FICO report only. Truecredit had all the TU info at least 4 days ahead of this product. Sockdrawer this one. LOL.

Re: myFICO® Identity Theft Security Deluxe

Anonymous — Mon, 02 Jul 2007 09:01:49 GMT

can i cancel it in the first month? via online or phone?

Re: myFICO® Identity Theft Security Deluxe

Tuscani — Mon, 02 Jul 2007 14:15:08 GMT

Yes, but there is no trial for this like there is for ScoreWatch.

Re: myFICO® Identity Theft Security Deluxe

ah32 — Tue, 10 Jul 2007 02:47:36 GMT

Does this product let you know when your score increases?

Re: myFICO® Identity Theft Security Deluxe

Anonymous — Tue, 10 Jul 2007 20:03:00 GMT

No. You get your score once per quarter, though.

For those not in the midst of repair or obtaining a mortgage, it's more than sufficient.

Re: myFICO® Identity Theft Security Deluxe

smallfry — Tue, 10 Jul 2007 21:40:29 GMT

@Anonymous wrote:
No. You get your score once per quarter, though.

For those not in the midst of repair or obtaining a mortgage, it's more than sufficient.

I'd rather have the choice to pull my score when I know everything has reported for the month. Basically you're getting 4 pulls per year and you can't pick the dates.

Re: myFICO® Identity Theft Security Deluxe

Anonymous — Wed, 11 Jul 2007 18:49:59 GMT

Well, you get to pick the dates only insofar as you get to pick the date you sign up.

Personally, I have enough tradelines that there's generally something changing every day, or at most every other day.

Re: myFICO® Identity Theft Security Deluxe

smallfry — Wed, 11 Jul 2007 21:48:43 GMT

I set all my cards to cycle the first week of every month so I know when to look for changes. All my TL's report between the 29th-7th of every month. Lots of time spent watching the paint dry.

Re: myFICO® Identity Theft Security Deluxe

MidnightVoice — Sat, 14 Jul 2007 20:39:17 GMT

I think I will be getting it for self and DW in August/September - when everything has settled down. I need to pull all 6 reports then anyway, and see where we are exactly. Then just settle down for the long haul as everything ages, and check again in 6 months after a lot of birthdays have come and gone!

Re: myFICO® Identity Theft Security Deluxe

Anonymous — Sun, 15 Jul 2007 20:30:43 GMT

Sadly, the only monitoring going on with the myFICO® Identity Theft Security Deluxe product is every three months. However, that is not really true monitoring. A true monitoring product has a registration with the credit bureau program to receive an alert when something changes (probably implemented using database triggers). In case of this product, there will be a myfico.com initiated soft pull every three months, on the clock - I am assuming it will be on time. 3 months IMHO is too long of a lapse and a lot can change if you have an active credit profile (or are the victim of ID theft).

This is basically identity theft insurance solution with the ability to get TU scores every 3 months, and at the rate of paying 3x the monthly fee it is about $13 per TU report+score (also, the $25 K id theft insurance). However, for someone who needs a quick TU score, the $4.xx is a well spent investment.

You can cancel online by going to the Support section. Here a simple search will allow you to fetch the "contact customer service" URL. At that page, the drop-down inputs and radio buttons allow you to choose product and reason. Customer support is very prompt (usually an hour or two). Once canceled, your score and report disappear, so print if you need it.

You can cancel at any time, unlike Score Watch, which requires a 3-mo committment if paying month-to-month (although I don't understand how that can be enforced if someone refuses to pay).

Re: myFICO® Identity Theft Security Deluxe

Anonymous — Wed, 18 Jul 2007 22:05:55 GMT

I admit it's an imperfect product, but it does offer some extra doohickeys over buying the four reports/year individually.

As a warning, it's supposed to offer 20% discount on additional reports (and says that), but the actual discount percentage was recently changed to 10%. I mentioned this discrepancy privately, but haven't received word that it was fixed and haven't re-checked it in the last few weeks.

Re: myFICO® Identity Theft Security Deluxe

Tuscani — Wed, 18 Jul 2007 23:46:53 GMT

Skiffy wrote:
I admit it's an imperfect product, but it does offer some extra doohickeys over buying the four reports/year individually.

As a warning, it's supposed to offer 20% discount on additional reports (and says that), but the actual discount percentage was recently changed to 10%. I mentioned this discrepancy privately, but haven't received word that it was fixed and haven't re-checked it in the last few weeks.

Have you addressed this with customer service?

Re: myFICO® Identity Theft Security Deluxe

Anonymous — Thu, 19 Jul 2007 07:27:33 GMT

What, and have them send my partial SSN and DOB in plain text again? (I never did get an answer to that question, either, so it really bugged me when I got a generic answer with the DOB and partial SSN AGAIN. Grrr.)

No.

I tried PM on the board.