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I have a strange thing going on and since I'm new...its concerning. I was ecstatic to see last Thursday, on CCT, that my last derog had fallen off EX and my score jumped from 679 to 739!!! Friggin awesome!! So I spent all weekend and yesterday awaiting for MyFico to alert about a change in my EX and so far nothing? When my chase reported, it only took like 24 hrs for MyFico 3B to alert me, but now nothing. I called MyFico to see why it wasn't showing up on their system and she said it might be 1-3 weeks. I told her its not an account reporting to EX, its MyFico not detecting a change in my account for almost a week... she said it would, I just needed to wait (I don't think she understood what I was telling her). My AMEX pulls EX and the 739 score shows on their site, so i have some verfication it's real
My second question is, I have seen about 5 people on this site reporting 50-70 pt jumps on EX....they dropped my derog early (Was to be removed in November)...is this normal for CB's to do this and give such big jumps? I've been on this board a few months now and have not noticed such things? I am still nervous I am going to find out it was a mistake and I'm back down to 680 again..lol
So the whole thing seems weird, and yes I am being paranoid!
It all has to do with the type of event that triggers an alert. An addition to your credit report triggers an alert. An account falling off is not an alert-inducing event, therefore you'd have to wait for something else to happen before you see it... unless you pull another report. YMMV of course
OK, that makes sense...I didn't have the section on the alert settings turned on to notify me if my score increased.... I have set it now, but I guess it's too late.
Actually I thought it would report a change in my installment balance, which would trigger a score refresh. It reports changes in my revolving accounts..
Why did CCT pick it up? They reported it right away...I considered MyFico the best....
Good thinking. The balance change would be an alert trigger, however that one only comes at a specific time of the month and it seems to be pretty consistent from month to month.
It's the biggest thing that bugs the daylights out of me about the credit game... the waiting
I'd still say MyFico is the best, but I can tell you that often times I get a quicker alert response time from Credit Karma, however obviously more useful (real?) data from MyFico. Although the silence can be maddening at times!
@805orbust wrote:I'd still say MyFico is the best, but I can tell you that often times I get a quicker alert response time from Credit Karma, however obviously more useful (real?) data from MyFico. Although the silence can be maddening at times!
Fer sure....I check my credit 10 times a day (on every site) and it never seems to make things happen quicker! lol
I just have no use for the sites that do Vantage 3.0 because the scores dont mean anything (to me)
Heres another thing In noticed....on my CCT report, it shows EX that my oldest account is a car loan I had 12 years ago, then next is a Conns Installment that is 10 years....both closed in good standing. They both show on my EXperian report I ran from EXperian this summer, that shows both, but on my CCT report I just did that showed the 739 score, the Car Loan is not on there, which changes my oldest and aging quite a bit. Is that just CCT missing it, or did EX lose a TL?
It has never been on EQ, but is on TU. Can I dispute the fact EQ doesn't show it or forget about it ...no way for them to add something like that they missed?
Yeah, most likely dropped off. I notice it's about 12 years old. Is that when it was originated or when it was paid off? Either way, positive accounts that are closed usually continue to stay on for about 10 years so It's natural that they would start to drop off. There is NO rhyme or reason to when each of them go however. I've got a car loan (13 years) and an old mortgage for a rental property (10 years) that dropped off of TU in 2015 and EX in (6/2016) and EQ is still reporting them. Doesn't do anything for my scores at this point, however the AAoA is nice to look at
You're probably close to the drop off point for all of them.
That doesn't make any sense, since they keep saying my credit isn't that old, if they keep dropping it off my older stuff i will never get caught up..
I am sure they're looking for 30 yr open mortgages..
OK, good info for me..I didn't think they would fall off! Thanks for all your input!
Thanks a bunch! This feels so good to have a nice score when you pull up your current number.... I feel like a real human! I will never ever let things go bad again...i have the power now to control things...because I am educated! I suffered for years because I was ignorant...so sad!
I really appreciate all your help....there is no way one person can figure all this out by himself!