How long it takes myFico to update information reported in my Credit Report????

[FirstHomeBuyer]

How long it takes for myFICO to update the new information reported in my credit report?  

I made several payments to reduce my debt to income ratio.  These payments were made 07/25/09.   I've contacted my CC which informed me they report all balances in my CC the 7th of the month.  Today is the 12th and still have not received any notification regarding my new balances.  Do any of you understand how myFico works in regards to updates?  Can you please explain?

Thanks,

[LIGHTNIN]

No , unfortunately myfico reports do not update.

I think what you wanting to do is monitor your CR's.

I would suggest using a credit monitoring service like True credit or CreditCheck Total.

They have free trials for 7 days and some are 30days.

I hope this helps answer your question, If not let us know.

I think its time for a nap, brain tried. But I believe this is right

[haulingthescoreup]

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FirstHomeBuyer wrote:

How long it takes for myFICO to update the new information reported in my credit report?  

I made several payments to reduce my debt to income ratio.  These payments were made 07/25/09.   I've contacted my CC which informed me they report all balances in my CC the 7th of the month.  Today is the 12th and still have not received any notification regarding my new balances.  Do any of you understand how myFico works in regards to updates?  Can you please explain?

Thanks,

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If you're talking about Scorewatch, you won't get an update about new balances unless they somehow changed your scores.

Please read Score Watch Guide, which is stickied up above.

Your FICO scores only exist "potentially." When someone (lender, you, etc.) pulls a new FICO report, the score is generated at that moment off the info in your report.

Be sure to see your "target" score to your most current score. Don't make it a target, or you won't be notified of changes that don't reach or pass that number.

And finally, Scorewatch sometimes takes a nap or something, which can be maddening.

[LIGHTNIN]

sorry I misunderstood your question,I thought it was about updating myfico reports but is was score watch.

I just started SW and it said next update would be on the 16th,i signed up on the 6th.Don't know why 10day lag.

Told you it's time for a nap 

Hauling if your still here can you answer my ? on tech forum? Thanks

Message Edited by LIGHTNIN on 08-12-2009 10:34 AM