How Often in SW updated?

[Anonymous]

I haven't had an alert in more than 10 days, but I know two collections have dropped off because I purchased the Score Power report and the changes were reflected there.

[Anonymous]

Mine hasn't sent an alert in 12 days (although an inquiry should have dropped off last week), but I did receive an email 2 days ago saying that ScoreWatch Alerts was turned ON. Don't know if that means my score didn't change or what...

[Anonymous]

I last recieved an alert on 1/19/2008,

It is now 02/11/2008, so almost a full month.   In that time, I've added a new tradeline,  had 2 hard inquiries and had 2 delinquincies drop off.  Each activity was about a week apart, and I've not recieved a single alert. (All alert monitors are turned ON)

The only things I can assume are:  1) Each individual action has caused no change to my score, 

or 2) Scorewatch doesn't live up to what is promised.  (More likely)

I'd like a weekly update, even if my score hasn't changed, just so I would know the darned thing is even working.

Jeff

[MidnightVoice]

SW checks every 5-10 days if nothing has happened to trigger an alert.

I have had one score change and 3 alerts in so far this year

[haulingthescoreup]

SW checks daily for things that might hurt you --new inqs, changes in addresses, missed payments, new collections. It checks weekly for other things in general that would affect your score, like moving you into a new mortgage rate tier.

There are some built-in delays: good stuff has to update to your CRA's, the CRA's have to report it (EQ is back to being pokey again), the CRA's have a couple of days delay in routinely updating to SW, and then it depends on where SW is in the once-a-week check.

One thing that makes absolutely no sense to me at all is the whole "target score" thing. Despite the way it reads, I have been told by customer service and by others that you should set the score to where you are right now, and that way you will get alerted when it moves away from that score.

That is completely bizarre, but I found that it works. So whenever I get an alert, or when I pull scores anyway (I go through score pull withdrawal pretty often), I make sure to reset the target to that new (current) score. Weird.

http://www.myfico.com/Products/ScoreWatch/Description.aspx