How quickly does your FICO react to a change in credit reports

[Anonymous]

The different things causing or not causing triggers etc makes a lot of sense when I see an alert like, "A change in your score has been detected" and you log in to see a balance increased. Or you have a balance decrease and your score doesnt change or goes down. It was necessarily a strange reaction to a balance change that caused the score change, it was something else. But, you woulde have never seen the "Something else" if the balance change hadnt triggered an update.

[Anonymous]

Yus, yus, yus!  That's it.  You definitely got it. 

An update does not in itself mean a score change.  It means a triggerable condition was met according the triggers for that particular CRA.  The accompanying reason is NOT the reason for the score change (if the score did change) -- it's the reason explaining what triggerable condition was met (often a balance change).

I am a big fan of myFICO -- especially the wealth of scores every three months.  But there's no question that the updates are not right for everybody, and that furthermore they are only right for a person if he understands how they work  and what they mean.  A substantial number of ??? posts here on the forum involve people seeing an MF alert with an accompanying reason and believing that the reason explains why their score changed.

[Anonymous]

Once you learn what causes what etc, it makes a lot more sense to you and is definitely more "useable". Just the graet advice you can get here is benefit enough. I've never been a part of an online forum etc where every member is just so friendly and ready to help out with no trolling, no judgemental atittudes towards someone who has maybe made mistakes with judement in regards to their finances and dealing with their credit history.

[Anonymous]

Real glad you are here, buddy.  Welcome!

[Anonymous]

CCT will update EX daily, the other 2 once every 30 days for free. And the EX score will update daily also, but it might not change if nothing happens. My hubby's scores for EX went up 1 point, then another 5, then another 12 all in 1 day. They have a 7 day trial for $1 and if you call the automated system during that time to cancel you usually get offered it for 15 a month for up to 5 years.

[Anonymous]

I'm a member on CCT. I saw you can update the reports or scores. Seems like I read here or somewhere you can update those like 3 times a month?

[Anonymous]

Not any more. TU and EQ is once every 30 days. It used to be once every 10 days

[Anonymous]

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@Anonymous wrote:
Not any more. TU and EQ is once every 30 days. It used to be once every 10 days

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Ugh.. seems like anymore you have to be a member of each CRA's monitoring service to see everything you want to see.

[Anonymous]

True. But the different ones can use different scoring methods. I think EQ monitoring is Fico 4 or something different like that. I know Credit Karma scores are basically worthless but the reports are good and it updates every week

[Anonymous]

The most cost effective solution for our OP might be this:

Karma: free

       Vantage scores should he be curious and reports up to once a week

CCT: $15 / month

       allows him to control the instant he chooses the update (which our OP may like better than alert based)

myFICO:

       once per year (just to grab all the three dozen different flavors of the scores)

That would give the OP a lot and still let him save some additional money.