@Anonymous wrote:
@Anonymous wrote:
It didn’t tell me anything specific on what changed. I got a notification saying my score changed... No reason was given.I know nothing about MF other than what I've read on here having never used the product personally. From my understanding however, alerts are provided due to credit report changes. I have not heard of alerts for a score change. Many times a score change will go hand in hand with a credit report change, which is why many people wrongly assume they must always be related.
Some that has used the MF service, please correct me if I'm wrong. Can you in fact receive an alert of a "score change" or are all alerts for credit report changes (that simply come with a fresh score at the time)?
With FICO Premier (monthly 3B) I get score change alerts like this: (The alert says 5/31, but I always get them the next afternoon around 1:30 PM EDT.)
Trudy posted an image of what it looks like before you click the '+' to see more.
When I clicked on the "+" this is what I got:
1. I do have a discharged chapter 13 bankruptcy in my file, when it was discharged last month I received a score increase of 6 points so I doubt me being discharged would cause a drop of 11 points 1 month later.
2. I have and have had 100% payment history now and even before I filed ch13 in 2016. And nothing on my credit report shows being late on any payments.
3. AAoA I can understand because mine is at about 3.5 years, BUT I dont see how that would cause an 11 point drop seeing as how my credit file has aged another month.
4. Lack of recent installment loan would definitely keep my scores from rising, but I dont see how it would cause me to receive an 11 point drop seeing as how I havent had an installment loan in 3 years.
This is frustrating because I have been working hard to rebuild my credit the right way and I am even one week from closing on my first home, and after I close I will be adding a car loan to take care of the installment loan for my credit file. And an 11 point decrease on my already subpar scores I feel will make things that much harder. Especially when I havent really been given a legitimate reason.
@Anonymous wrote:
2. I have and have had 100% payment history now and even before I filed ch13 in 2016. And nothing on my credit report shows being late on any payments.
If this is true you need to identify the accounts and dispute. I have a 30 day from 12/2012 that still generates a score factor in the top 4.
Do you have a previous score change where we can compare the score factors and sequence to this one? Not always but sometimes you can see a change in the top 4 or resequencing of the top 4 which can sometimes help you narrow down the issue.
