If I bought the MyFICO Deluxe product I'd get my FICO score from all three credit reporting bureaus. My question is: does this product have the option to update each of my FICO scores on a daily basis or is this a one-time thing done annually? I haven't been able to find the answer on the myfico.com website. And, if it's blatantly out there somewhere and I missed it please accept my apologies.
ASUPilot
P.S. I just answered my own question. I pay $14.95/mo for TU's service which gets me daily credit reports from all three bureaus with scores; I pay $12.95/mo for EX's service which gets me daily report and score updates; I pay $21.90/mo for EQ's Credit Watch Gold w/3 in 1 montioring as well as for their Score Watch service.
From what I gather, each company has their own scoring formula. So, from my TU report my EX score is 735 whereas on the EX website it's 749. I can only conclude that their formulas differ. This is true for all of them. I have updated copies of all my credit reports and I must say there are some significant differencesin terms of what has been reported. My EX is the best, followed by TU and then EQ bringing up the rear. I do note, however, that EQ's Socre Watch, although my lowest score by far, has the "FICO" and FICO simulator. So, I feel that my EQ Score Watch is the most accurate of the three since they directly reference FICO whereas TU and EX don't. Also, since the EQ information is my lowest, I'm thinking if I clean that one up the other two will be sky high. You're only as strong as your lowest score right? I know this has been a long message, but if anyone sees an error in my logic please opine.
Message Edited by ASUPilot on
07-22-2007 01:44 PM
