Beacon Score Updates

Anonymous · ‎05-01-2008

Does anyone know how often our credit score gets updated?

shyboy · ‎05-01-2008

It updates anytime one of your accounts get to the CRA. For some, it can updates alot of times in a month.

Message Edited by shyboy on 05-01-2008 07:32 PM

-------------------------------------------------------------------------------------------------Getting back in the credit game after major setbacks

Anonymous · ‎05-01-2008

incrazydebt124 wrote:

Does anyone know how often our credit score gets updated?

Your score does not actually exist until your report is pulled and a score is requested. When that happens, all the data on the report are run through the scoring algorithm to generate a score, which is based on the snapshot of your report at that point in time.

Then the next time your report is pulled and a score requested, THAT snapshot will be run through the algorithm to generate your score, and so on.

Make sense?