How often do FICO scores update?

Anonymous · ‎01-03-2019

I opened a secured MC in May of 2018 and a Discover It card around 12/24/2018. I can view my FICO score through my Discover account but it only shows the MC account as open (not the Discover account). It also shows only one inquiry for the year.

Thanks.

Anonymous · ‎01-03-2019

@Anonymous wrote:
I opened a secured MC in May of 2018 and a Discover It card around 12/24/2018. I can view my FICO score through my Discover account but it only shows the MC account as open (not the Discover account). It also shows only one inquiry for the year.

Thanks.

On what date did your Discover statement close?

FICO scores update whenever there is a scoreable event. Credit card companies tend to pull scores on the date a particular statement closes. So it could be a timing issue that when the Discover monthly statement closed, the other scoreable events were not yet reported to the credit bureaus.

Anonymous · ‎01-03-2019

@Anonymous wrote:
@Anonymous wrote:
I opened a secured MC in May of 2018 and a Discover It card around 12/24/2018. I can view my FICO score through my Discover account but it only shows the MC account as open (not the Discover account). It also shows only one inquiry for the year.

Thanks.

On what date did your Discover statement close?

FICO scores update whenever there is a scoreable event. Credit card companies tend to pull scores on the date a particular statement closes. So it could be a timing issue that when the Discover monthly statement closed, the other scoreable events were not yet reported to the credit bureaus.

Hi. I haven't received my first statement from Discover yet.

dynamicvb · ‎01-03-2019

I got a Discover last year and if I remember right it was after the second statement before they reported to any of the CRA's

Started Rebuild 4/2018: EX 616| TU 604| EQ 621

Current 5/28/20:

First Goal Score: 750+ Reached 3/2019

Next Goal all over 800

Anonymous · ‎01-03-2019

Thank you. I appreciate the info.

Anonymous · ‎01-03-2019

@dynamicvb wrote:
I got a Discover last year and if I remember right it was after the second statement before they reported to any of the CRA's

Thanks for the info.

DIYcredit · ‎01-05-2019

As information is updated to you credit reports, any changes in reporting can affect your fico score the moment the Fico score is pulled.