When do scores update and another question

[mamabear]

When do scores update?  For instance do reports/scores update once a month?  When do lenders report new info?  Also, on Equifax I have gotten alerts that say "To be determined when technical discussions with Equifax begin"  Is that just their way of saying it is being investigated?

[Anonymous]

Reports are being constantly updated. More creditors you have, the more frequently there will be updates.

Think of your FICO scores as a still picture snapshot of a movie in progress. The scores might vary a bit, but if your report is a horror film then they aren't going to look too good whether it's Monday or Friday, the 1st or the 31st, January or July. As things improve, and your reports looks more a Frank Capra film, the pictures will look a lot better.

[Anonymous]

Cool analogy! I am still in the horror section but hoping to reclassify real soon.

I agree with Noah_Boadie the scores change constantly some things are obvious like adding credit removing items and others are in the background like the aging of your accounts.

All are constantly affecting your scores. Thanks for being part of the forum and welcome. I have only been participating here for three weeks and I enjoy it! I have learned plenty and I'm sure you will too!

[Anonymous]

Mine feels like a Hitchcock film. Not a lot of blood, but a psychological thrill ride that scares the daylights outta me.

[mamabear]

I have honestly become a little obssessed with trying to repair my credit.  It is hard to wait the 30-45 days for disputes and I currently have a plan to get my revolving credit down.  I am going to pay 2 cards each month to below 30%.  Then continue to pay them down.  I should have them all down low by July or August.  I just can't wait to see some upward movement!   

[Tuscani]

You will, don't worry! Patience is key.

[Anonymous]

I am obsessed as well but I think it is a positive place to put your energy. It helps you to save money in the future through better interest rates less time going through the approval process for large purchases. It simplifies our life once we reach that goal. I have been going at it strong for approx 3 months and I am seeing progress. Good luck on your credit repair journey!