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SW and TransUnion monitoring

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aquatic1
Established Contributor

SW and TransUnion monitoring

Okay, its been almost a week since my new credit card posted to all three reports and I still have not received an alert stating this.  I double checked my settings and they seem to be correct.  The new credit card would be my first credit card reporting on EQ and from what I have read I should see some movement.  Still NOTHING.  Does this mean that this achievement did nothing to help my scores? Smiley Sad

Starting Score: EX:603
Current Score: EX:603 (10/16/19)
Goal Score: EX:740


Take the FICO Fitness Challenge
Message 1 of 4
3 REPLIES 3
aquatic1
Established Contributor

Re: SW and TransUnion monitoring

Update:

 

Received a email from TU Quarterly saying that there wew no new changes or updates to my reports!  DOes adding a new CC and that CC being my only CC not constitute a possible change to my report?  The same thing goes for EQ.  Maybe I need to go back and read again what I am paying for.


Starting Score: EX:603
Current Score: EX:603 (10/16/19)
Goal Score: EX:740


Take the FICO Fitness Challenge
Message 2 of 4
Barry
Administrator Emeritus

Re: SW and TransUnion monitoring


aquatic1 wrote:
Okay, its been almost a week since my new credit card posted to all three reports and I still have not received an alert stating this.  I double checked my settings and they seem to be correct.  The new credit card would be my first credit card reporting on EQ and from what I have read I should see some movement.  Still NOTHING.  Does this mean that this achievement did nothing to help my scores? Smiley Sad
Hi aquatic 1....First thing I'd do is pull a new EQ report through Score Watch to see if the new account is actually on it. We've added a free report to your SW subscription for you to do this. Then if the account is on there and you still haven't been alerted, give customer service a call.

As for for the addition of this new card "helping" your scores, don't be surprised if it doesn't; although, if you do lose a few points they should come back pretty quickly, depending on your overall credit picture. Good luck!
Message 3 of 4
Barry
Administrator Emeritus

Re: SW and TransUnion monitoring


aquatic1 wrote:

Update:

 

Received a email from TU Quarterly saying that there wew no new changes or updates to my reports!  DOes adding a new CC and that CC being my only CC not constitute a possible change to my report?  The same thing goes for EQ.  Maybe I need to go back and read again what I am paying for.


Not sure why you would have received an email from FICO Quarterly Monitoring saying there were no changes to your reports. FQM updates quarterly only with your next updates coming the end of next month. And yes, I believe a new account would trigger a quarterly alert.
Message 4 of 4
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