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Quarterly Score Increases?

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Kesh
Valued Member

Quarterly Score Increases?

Yesterday I met with a houseling counselor to review my credit file and discuss my plan for buying a home. He mentioned that credit scores are only updated quarterly. Is that true? I am a little confused because I subscribe to Score Watch and see my score increase on a regular basis.


Starting Score: 519 Circa 2010
Current Score: EQ: 659 3.31.14
Goal Score: 700


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Message 1 of 5
4 REPLIES 4
Datx
Valued Contributor

Re: Quarterly Score Increases?

It sounds like you should talk to your houseling counselor to join this wonderful forum and learn more about credit! Smiley Very Happy

 

 

Message 2 of 5
GregB
Valued Contributor

Re: Quarterly Score Increases?

That guy is dangerous. You need to find someone else to help you.

Message 3 of 5
Kesh
Valued Member

Re: Quarterly Score Increases?

I agree Smiley Very Happy! He was saying some questionable things. I think I am going to stick with the advice given here considering that in a little over a year and a half I have managed to raise my scores over 120 points.


Starting Score: 519 Circa 2010
Current Score: EQ: 659 3.31.14
Goal Score: 700


Take the FICO Fitness Challenge

Message 4 of 5
kjm79
Valued Contributor

Re: Quarterly Score Increases?


@MyCreditStinks wrote:

It sounds like you should talk to your houseling counselor to join this wonderful forum and learn more about credit! Smiley Very Happy


 

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CH 7 Filed 7/27/15 Discharged 11/16/15
Starting Score: EQ 620 TU 568 EX 593
Current Score (07/13/16): EQ 674 TU 649 EX 674 (FICO's 08)
Cap1 QS ($5350) (Combined QS and QS1) Discover It ($4100) MilStar ($8,600) Fingerhut ($800)
Off to the garden 05/01/16
Message 5 of 5
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