@Anonymous wrote:
Currently the only credit monitoring service that I use is CK 717(which i understand is a vantage score that most lenders don't use) and the ones offered by credit cards (discover 740, Citi 740 , and soon FBNO as my account is only a few weeks old.
I know CK Is great for the alert system for changes hard pulls etc.
I read here that people are obsessive about pulling their score, wanting to pull it daily etc.
my question is why is it necessary to check your fico number/credit report so frequently?
Your thoughts and experiences are appreciated. Thanks
Clearly you have not yet come down with the affliction yet.
Only those of us who OCD over the daily gyrations in our credit scores track them daily -- in fact we track them in real time as updates are reported.
Monthly tracking is just fine. Every six months is also just fine.
For people actively working to fix their credit, get new cards, etc., getting scores up from the 500s to the 600s to 700 and utlimately 720 and 760 and higher becomes a kind of obsessive hobby. I would be willling to bet you that most people who have truly excellent scores have no idea what their scores are at any given moment; they only hear of them every three years when they get a new auto loan or every 5 to 7 years when refinancing their mortgage.
