When do they update all 3 credit scores? I purchased the 3 credit scores and reports. Do they only provide new scores once a month? Just trying to figure out what I exactly am getting with my subscription. I need to check my scores a couple times a month for the next 3 months. Does anyone know? Thanks! 
When you purchase the 3-Credit Bureau Monitoring, you get 1 credit report for all 3 bureaus and then you get monitoring of your scores. Your scores will be updated according to what alerts are triggered, but you will not get a new credit report. Your next report from myFICO with the subscription will come one year from your signup date.
You can always purchase a new report so that your scores reflect the most current information and that comes at a 30% discount. In purchasing a new report, you may notice drastic changes in your scores.
And welcome to the Forums!
You can always purchase a new report so that your scores reflect the most current information and that comes at a 30% discount. In purchasing a new report, you may notice drastic changes in your scores.
And welcome to the Forums!
Thank you! I know I am set up to be charged $19.95 a month, so I thought I would get new reports at that time. Is that just for the alerts? Seems like a lot to be charged!
$20/month is the access to that one report and monitoring of your score, which notify you of some type of a change to your report currently on file.
Personally, I'd love to have unlimited reports from myFICO, but that's not the type of product they have or willing to offer at this time.
If you are looking for the complete picture, where you get your FICO score and unlimited reports, you will need to look at the bureaus themselves. I know Experian offers the FICO score with unlimited credit report updates at $20/month. Equifax and Transunion offer unlimited access to your credit reports, but do not offer the FICO score. However, they have their scoring models that serve as an indicator as to what your credit score is. You should not take these scores seriously. Hence the name "FAKO" scores. You may be able to purchase the FICO score from Equifax and Transunion, but this is more than likely going to be a one-time score and will not update.
Personally, I'd love to have unlimited reports from myFICO, but that's not the type of product they have or willing to offer at this time.
If you are looking for the complete picture, where you get your FICO score and unlimited reports, you will need to look at the bureaus themselves. I know Experian offers the FICO score with unlimited credit report updates at $20/month. Equifax and Transunion offer unlimited access to your credit reports, but do not offer the FICO score. However, they have their scoring models that serve as an indicator as to what your credit score is. You should not take these scores seriously. Hence the name "FAKO" scores. You may be able to purchase the FICO score from Equifax and Transunion, but this is more than likely going to be a one-time score and will not update.
If your mainly concerned about score updates this will be fine for you There's a chance your scores could change daily or not change for weeks it all depends on how much activity is going on with your reports and which activity will trigger an alert with 3B. For me it alerted with balance increases/decreases, new accounts, credit limit changes and closed accounts. Sometimes I got score alerts with no reason listed at all. Sometimes it was a month before I got anything but Im hoping they have fixed that issue....rather not waste anymore money when I already get TU score free monthly
There's a chance your scores could change daily or not change for weeks it all depends on how much activity is going on with your reports and which activity will trigger an alert with 3B. For me it alerted with balance increases/decreases, new accounts, credit limit changes and closed accounts. Sometimes I got score alerts with no reason listed at all. Sometimes it was a month before I got anything but Im hoping they have fixed that issue....rather not waste anymore money when I already get TU score free monthly
I see! That makes it easier to understand. We need our score to go up about 70 points within about 80 days, I am started to get really worried it won't go up in time. We do have a good chance it will go up a lot this month though. Our cards have about 80% of the credit used, but I just paid them down to 30%. Hoping to pay them down to 20% next month. Our total balances are only 1200.00 but that is too much to have charged and not paid down, like we were suppose to. We don't plan to use our cards after paying them down, of course they won't be closed though. Another option we have is to "make a deposit" on our secured credit card. I heard that should help your score if you don't actually use the credit. We need to get our score to a 640. Nothing "bad" on our report except high balances, 4 old paid medical collections and some old lates from a student loan. Any tricks to help raise it? Thanks for your help!