topic Re: Is there a problem with score watch? in myFICO® Product Feedback

Is there a problem with score watch?

Anonymous — Tue, 17 Jan 2012 16:03:52 GMT

I ask because I received an alert yesterday that my score watch score has changed. So I figured that my CC and installment loan posted for the month and was not worried. So today I log in to check the change and my score went from 697 to get this ........a..797!! with the only thing changing was my installment loan is now 1 year old.

If this is correct I need to change my sig!

TBC

Re: Is there a problem with score watch?

llecs — Tue, 17 Jan 2012 16:06:12 GMT

*drops jaw*

*regains composure*

Have you pulled EQ from anywhere to see if there are any changes to your CR like dropped baddies (SW doesn't alert for dropped baddies or dropped balances).

Reset your target score to 797 immediately.

Re: Is there a problem with score watch?

Anonymous — Tue, 17 Jan 2012 16:31:03 GMT

The payment history went from Very good to Great. The score watch alert says....

Score Watch® alert January 16, 2012

View details of other recent alerts:

1/16/2012

Score Watch alert/Changes to your FICO® Score

Your FICO® score has gone up to 797 on January 16, 2012.

Your FICO® score has exceeded your target score of 698

And it says the alert was caused by this.

2 of your accounts reported balance increases.

My cc's never go over 10% and are at 8% util as of this report.

I changed my target score to 797.

I hope it stays.

TBC

Re: Is there a problem with score watch?

llecs — Tue, 17 Jan 2012 16:34:43 GMT

Looks like some sort of baddie dropped for the payment history to change. Remember, the score alerts don't give a big picture, only a general guess. I once got an alert for a 20 point gain via SW due to adding an inquiry. The inquiry didn't give me 20, but it was a dropped baddie that SW wouldn't alert me to that gave me the 20. Or in your case, the increased balances didn't increase your score.

And, yes, you can see a gain when an account hits an anniversary, especially at 1 year.

Re: Is there a problem with score watch?

Anonymous — Tue, 17 Jan 2012 16:46:27 GMT

What ever the reason for the 100 point gain I am happy as long as score watch is not broken. I looked at my power report and I dont see any major changes so it must be due to the one year anniversary of my installment loan. I checked my TU report and that is at 690 but the loan did not update on there as of today. Fingers crossed.

TBC

Re: Is there a problem with score watch?

Anonymous — Tue, 17 Jan 2012 19:59:48 GMT

That's amazing, my installment loan hit 1 yr 10 months ago and I did not get 1 point for that.

There has to be something major that has changed aside from an installment loan hitting one year and you payment going from Very good to Great, at least I would think.

Either way,

SUPER Congratulations!!!

Re: Is there a problem with score watch?

Anonymous — Tue, 17 Jan 2012 20:34:49 GMT

That is why I thought score watch was broken After futher review I found that there was a small 200.00 medical collection from 09 that was removed for unknown reasons, but only on equfax.

I'm going to give a week to make sure it sticks before I change my sig.

TBC

Re: Is there a problem with score watch?

Anonymous — Tue, 17 Jan 2012 23:34:59 GMT

100 points is huge!

HUGE!

Re: Is there a problem with score watch?

Anonymous — Thu, 19 Jan 2012 21:38:10 GMT

@Anonymous wrote:
That is why I thought score watch was broken After futher review I found that there was a small 200.00 medical collection from 09 that was removed for unknown reasons, but only on equfax.
I'm going to give a week to make sure it sticks before I change my sig.

TBC

That indeed is a far better reason for such a drastic change to your score, 100 points for a 2 or 3 yr old CA being removed sounds a bit drastic, but I've seen stranger things.

Let me ask you this, on your current EQ report with the 797 score, do you have any derogs at all on your report?

The reason I ask is because, I do not believe someone with a derog can have a score of 797 (I could be completely wrong).

But if your EQ report with the 797 FICO is clean, I would say SW has given you your correct updated score.

And a Congratulations is in order.

Congratulations!!!!!!!!

Re: Is there a problem with score watch?

CS800 — Thu, 19 Jan 2012 22:17:41 GMT

@Anonymous wrote:
I ask because I received an alert yesterday that my score watch score has changed. So I figured that my CC and installment loan posted for the month and was not worried. So today I log in to check the change and my score went from 697 to get this ........a..797!! with the only thing changing was my installment loan is now 1 year old.

If this is correct I need to change my sig!

TBC

Sweet Jesus !!!!!!!

100 points up. Nice !! Something major must have happened.

Re: Is there a problem with score watch?

Anonymous — Fri, 20 Jan 2012 12:50:06 GMT

Yes there are zero derogs on my reports now. From what I have found out the insurance company finally paid the health care provider after 3 years. This was the only negative on my reports. Score watch reported it as increase in score due to CC balance increase. I purchased another power score report and had to compare to the last report to find what changed.

I would also like to report I am now a proud owner of a Discover more card.

Back to gardening.

TBC

Re: Is there a problem with score watch?

Anonymous — Fri, 20 Jan 2012 13:05:52 GMT

Well, that's just awesome TBC!!!

May I ask what Discover gave you for a CL?

Congratulations!!

Re: Is there a problem with score watch?

Anonymous — Fri, 20 Jan 2012 13:17:40 GMT

TY!

3k And they pulled EQ

TBC

Re: Is there a problem with score watch?

Anonymous — Fri, 20 Jan 2012 13:33:07 GMT

@Anonymous wrote:
TY!

3k And they pulled EQ

TBC

Not a bad initial CL with Discover, good for you.

Keep up the Great work!!

Re: Is there a problem with score watch?

Booner72 — Sun, 22 Jan 2012 22:45:18 GMT

You went to a from a dirty report to a clean report! new bucket!!

i'm so jealous.

Re: Is there a problem with score watch?

Anonymous — Mon, 23 Jan 2012 10:33:39 GMT

@Booner72 wrote:
You went to a from a dirty report to a clean report! new bucket!!

i'm so jealous.

You got that right, now that you are in a new bucket, your score will only go up from here as long as you keep up the great work.