@Anonymous wrote:
1. So when SW alerts me will the AU show up and Ill be able to see that card listed under my open accounts or does it just change the history. or is it just help your score but not listed since the card isnt mine, sorry Im alittle confused on this.
Im trying to figure out if the 90 point increase from the creditkarma fako to the real fico is just because the FAKO is just way off or if the AU has already shown up.
I dont see a sears mastercard listed under my accounts when I bought the scorewatch yesterday but I didnt know if it would since i would just be an AU.
sorry again if I sound dumb with this I just wasnt sure how the AU would show up on the credit report.
oh and thanks for recommending the SW it has so many helpful areas, I liked the credit simulator!!
With SW, you'll get an e-mailed alert that looks similar to this one below. If your score changed as a result of that new TL, and if your settings are correct (again, set the target score to always match your current score), then you'll see a mention of that too:
llecs,
There are a few changes to your credit report today:
- A new account has been added to your credit report.
Please log into Score Watch anytime to find out more.
Thank you,
the myFICO® team
____
When you log in you then can click the "Alerts" tab and actually see more detail on that TL as to who it is, balance reporting, etc. Unless you pull a new FICO report, you won't see it in any of your old reports. You can only see the alert until you do pull or purchase a new report. Once you do that, then it'll appear in your "Accounts" section of your FICO report. Of course it can easily impact your balances, AAoA, history, util, etc., but you'd have to pull a new report to see those details.
I don't know how it works with FICO Quarterly Monitoring. I do know that once the quarterly report is available automatically, everything is visible.
If you got a new report yesterday for SW due to subscribing, and you don't see it in the "Accounts" section, then it hasn't reported yet to EQ.
Ignore Credit Karma's score. It is a FAKO. Specifically, it is a TransRisk score. They calculate their score much differently than FICO. For example, their AAoA is based on open TLs only. FICO factors in ALL OC accounts, good or bad, open or closed. CK factors in inquiries for 2 yrs. FICO only for 1 year. CK doesn't factor in LOCs into util. FICO mostly does.
