@Anonymous wrote:
Hey all so I have Been Using my Fico for 2 months now, and noticed Experian also has a Fico system that you can try for 1$ 7 days. One of my credit cards is showing to be posted on the Experian site but hasn't posted yet on my Fico. Anyone know why? Why such a huge delay on my Fico? It's been a week now. Also should both of these scores be the exact same considering they're both Fico scoring systems? Thanks.
If you're purchasing Experian's FICO score product, yes they're the same version.
The bureaus push updates to myFICO unless you purchase an instant-in-time pull or you have one for your account under the current 1B/3B Essentials or one of the older products which gave full report pulls every so often.
Some changes on the bureau's side don't trigger the bureau to update myFICO, though I thought Experian in particular had made great strides to be more consumer friendly in that regard as of late.
The monitoring solutions were originally written for the lenders to take advantage of, as a result not everything that we consider important is in the application yet as far as changes to the credit report go (like no lender cared, ever, if something fell off the report as one such example) but everyone's solution is getting better.
@Anonymous wrote:
This is really confusing. All I want to know is why hasn't myfico reported the balance change on my credit cards for the month of March while credit karma, and Experian Fico are clearly showing a score update. Experian is showing an 30 point increase, utilization dropping to 10%, and a tax lien being released. These are not important enough factors to trigger alerts? It's been 1 week. Is there anyway I can request a free pull? It just doesn't feel right.
It's been since 3/4 for me missing 2ish payments to $0 (they were small balances anyway), but sometimes there is a lag and for a fact it's not all myFICO.
A tradeline update should occur on the tax lien being released on EQ (different status) but I'm not sure on EX on that, there's a list somewhere of what the triggers are and unfortunately that won't produce a score increase unless it's removed in my experience. Where are you seeing that Experian has the changes? Changes get pushed from Experian to myFICO as I understand it, though that might've changed as there was a pull in the Equifax data from MF that I didn't initiate; my Experian report got cut off at 10 pages so not sure on that, should go request another.
It's all software, and it helps to remember these solutions were developed by the bureaus for the lenders... they don't care that a tax lien was released, at all, unless a customer does something to warrant another underwriting decision. They're getting to be more consumer friendly over time but they weren't really a consumer-focused application... which is arguably why CK does a full pull once a week as that is better, though still problematic as I just found out.