@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
You will get score updates whenever something triggers a change in your report that affects your score. You will only receive the 3 bureaus report every 90 days.
Hi TreasureCredit! It's not actually not quite that good.
You use the phrase "score updates" which will give our OP the impression that all of the scores he gets will get updated. Actually almost none of his scores will get updated -- only the FICO 8 Classic will get updated. Here is a list of the scores that only get updated every 90 days:
FICO 9
FICO 04
FICO 98
Mortgage scores
Bankcard Enhanced Scores
Auto Enhanced Scores
Also you suggest that the more frequent score updates occur whenever something triggers a change in the report that affects the score. In fact, there are many changes to the report that do affect one's score (possibly a great deal) and yet will not trigger a score update. I'd say the single most common post here on the forum is someone asking why paying down his credit card debt (e.g. from $2000 to $100) caused his score to drop. The veterans here have to explain each time that the score drop must have happened in the days or weeks before but was not considered by the myFICO Ultimate product to be an "alertable event."
When I said score update, I was referring to Fico 8 score. I stated 3B score update is every 90 days, which includes all the other scores. I'm not sure of all the factors that generate a Fico 8 score update, but I do know that I get them regularly. I do get an alert when my balances change. While I may not be explaining this perfectly, I'm explaining it the best I know how.
Hi Treasure. I don't think you stated (in your initial response) that any of the scores would be updated only every 90 days. Your initial response told our OP that he'd get his reports every 90 days, but that he'd get his scores (no restriction to FICO 8 Classic only) updated every time there was a score change.
Not giving you a hard time, I promise. It's just that lots of people besides you and me read these threads and I am really speaking for the benefit of newcomers like the OP, especially since it involves laying out money. Important that he gets clear what the products do and don't.
