topic Alerts for collection removal? in Rebuilding Your Credit

Alerts for collection removal?

Anonymous — Thu, 30 Jul 2015 17:17:42 GMT

Does Myfico send alerts when a collection is removed? CK is reporting a collection removed from TU. That collection is only on TU and EQ (Tmobile), but I never received any alert from Myfico. Not even sure why it's removed but that's awesome if it is.

Re: Alerts for collection removal?

Anonymous — Thu, 30 Jul 2015 17:29:05 GMT

I've only had one collection drop off a credit report since I started using myFico and it did not give me an alert stating it fell off. It did give me an alert for the score change on TU because of it, but just the score change. No indication as to why.

Re: Alerts for collection removal?

crrredit — Thu, 30 Jul 2015 17:44:53 GMT

No, MyFICO doesn't report collections dropping off. For me it takes a credit card alert trigger to come along, like a change in balance, new account reporting, etc. to see a score change. I have been following my TU and Experian report changes on credit karma, and buy an Equifax report every few months. Just started with Credit Check Total from Experian, which gives me a daily look at my Experian report/score, as well as three looks at my Equifax and TU reports/scores every 30 days. I haven't received any alerts from them yet. Not sure if a dropped collection results in an alert from them or not.

Re: Alerts for collection removal?

Anonymous — Thu, 30 Jul 2015 17:47:53 GMT

Thanks! I got a very random score increase on TU from Myfico on 7/16 of 19 points. It had no real reason attached to it, so that must have been it.

Re: Alerts for collection removal?

damnedanddetermined — Thu, 30 Jul 2015 23:58:58 GMT

I had a co removed this morning, but no alert from myfico, although CK alerted me. Wish myfico would do more for our $24.95...lol