When does MyFico Update?

Anonymous · ‎02-24-2016

I have accounts with all three CB. I just got a Credit One Bank CC and it finally reported on 2/19. EQ and EX have updated my info on their sites and my score has gone up. But MyFico has not updated yet, does anyone know why. Thanks any help please.

Anonymous · ‎02-24-2016

UPDATE.. I just got off the phone with a MyFico rep, and got some news that I did not like. I asked them about thier monitoring process, because I have seen updates to my EQ,and EX accounts (I have accounts with all 3 CB's) but they have not been updated to MyFico yet. The rep told me that they monitor for only alerts that the 3 CB put out. If a change has been made to one of your 3 CB accounts and an alert has not been triggerd by those 3 CB's then Myfico will not update. MyFico does not monitor the way I presumed they did, MyFico does not monitor the actual report for changes, instead its almost like they monitor from the outside wating on one of the 3 C'sB to send out an alert, then MyFico picks up that alert and updates your account. So in a nutshell if a change has been made to one of your CB's and the CB does not send out an alert then Myfico wont update. This Suckssss...

Anonymous · ‎02-24-2016

@Anonymous wrote:
UPDATE.. I just got off the phone with a MyFico rep, and got some news that I did not like. I asked them about thier monitoring process, because I have seen updates to my EQ,and EX accounts (I have accounts with all 3 CB's) but they have not been updated to MyFico yet. The rep told me that they monitor for only alerts that the 3 CB put out. If a change has been made to one of your 3 CB accounts and an alert has not been triggerd by those 3 CB's then Myfico will not update. MyFico does not monitor the way I presumed they did, MyFico does not monitor the actual report for changes, instead its almost like they monitor from the outside wating on one of the 3 C'sB to send out an alert, then MyFico picks up that alert and updates your account. So in a nutshell if a change has been made to one of your CB's and the CB does not send out an alert then Myfico wont update. This Suckssss...

I suggest you switch to Credit Check Total. You get a fresh daily pull of your Experian report and FICO 8 score, and once a month you get a fresh pull of TU and EQ. sign up for the one dollar trial, then when you cancel they will offer it to you at 50% off, $14.97.

Anonymous · ‎02-24-2016

I'm not sure which product you signed up for but I have the ultimate 3b and it's been great. It has sent me an alert every time there has been an inquiry on my credit reports. Almost instantly. Sometimes the effect my score sometimes they dont. When I have applied for credit myfico app has alerted me really quickly. But it also depends on the cb as well. In my experience, experience has reported the fastest, followed by equifax, and Trans union has definitely been the slowest. Usually taking at least 1 to 2 days longer to report than the others.

Anonymous · ‎02-24-2016

I wonder what the difference is between an update that triggers an alert and one that doesn't...

bdhu2001 · ‎02-24-2016

@Anonymous wrote:

I have accounts with all three CB. I just got a Credit One Bank CC and it finally reported on 2/19. EQ and EX have updated my info on their sites and my score has gone up. But MyFico has not updated yet, does anyone know why. Thanks any help please.

Check your alerts. You can set the for $ changes and for change in score. Usually setting it for the lowest $ amount will catch all the changes to your score. For score change, I don't recall if it's for all 3CBAs or just EQ.

Original Mortgage maturity Sept 2044; Refi maturity Dec 2030
Starting Score: EX 751 EQ 720 TU 737 on 4/9/14
Current Score: EX 849 EQ 835 TU 843
Goal Score: 850

Take the myFICO Fitness Challenge

Anonymous · ‎02-24-2016

Thanks for the replys, I have my dollar amount set to $1. Also I have the 3B membership, when I first signed up on 01/10/16 I was getting hits almost every 2-4 days then as of 2/14/16 nothing, Its been 10 days and not one single hit, even though there has been activity on with EQ,TU, and EX. My first CC I got in years just posted on my EQ and EX on 02/19, both having my score increase by about 48 points. So this alone has caused a new account to be reported, revolving credit line increase and a score increase, and MyFico still hasnt updated.

gdale6 · ‎02-24-2016

http://myfico.custhelp.com/app/answers/detail/a_id/463/kw/3-bureau%20monitoring/session/L3RpbWUvMTQx...

http://ficoforums.myfico.com/t5/myFICO-Product-Feedback/Enhanced-alert-feature-on-the-monitoring-of-...

Anonymous · ‎02-24-2016

This was the very reason I dropped myfico and went with CCT. They definitely lag it.

Anonymous · ‎02-24-2016

@gdale6 wrote:
http://myfico.custhelp.com/app/answers/detail/a_id/463/kw/3-bureau%20monitoring/session/L3RpbWUvMTQx...

http://ficoforums.myfico.com/t5/myFICO-Product-Feedback/Enhanced-alert-feature-on-the-monitoring-of-...

I'm confused by the information in these links. Does myFico provide score updates everytime a change is made or just alerts.

Just to confirm you only can get the 3B report every three months. Is that correct?