Score Watch changes

Anonymous · ‎07-08-2008

So I just got the email about the changes to ScoreWatch - no email alerts when your score changes. But does that mean we can still see updates to our score by logging in at MyFICO? We just will not receive email notification about changes?

The lack of an email notification is annoying, but fine. But if our scores do not update at all and instead we have to pay for updated scores then I kind of don't understand what I blew $89 on... If this is the case can any or all of the annual price be refunded, does anyone know?

Thanks.

Anonymous · ‎07-08-2008

From what I get out of it, it seems as if the alert feature is going to be removed all together. This totally defeats the purpose, I think.

I also found these two paragraphs of the emails conflicting:

First they say the alert setting will not be available any longer...

The first step toward implementing these improvements will include the elimination of the Score Watch alert option indicating that you will be alerted whenever your FICO score changes.” As of July 13, 2008, this alert setting will no longer be available.

Then they say

Over the next few months, we will be implementing additional system improvements to the Score Watch monitoring service. These upgrades are expected to increase both the accuracy and speed with which your Score Watch alerts are delivered.

Huh??? It's early and I have not had my coffee...Did I miss something?

Message Edited by UpUpUp on 07-08-2008 09:48 AM

Anonymous · ‎07-08-2008

Yes those 2 paragraphs seemed contradictory to me as well. Sounds to me like ScoreWatch is done for, but the PR folks at FICO are trying to couch it in a way that makes the elimination of the entire reason you purchased the service sound an actual improvement. They are doing a bum job of it because I ain't buyin what they're sellin!

(Well, actually I guess I already have... and so am likely screwed)

Anonymous · ‎07-08-2008

There are many different types of alerts. The two paragraphs are not contradictory. Just because the "alert me whenever my score changes" type of alert is being removed does not mean that all alerts are being removed.

Remember you can still have SW alert you whenever your score reaches a target score that you set in the system. The only thing that's different is that you will no longer be able to have it automatically send an alert on any score change.

(P.S.: If you set the target score to your current score it has the same functionality as the "alert me whenever my score changes" alert that is being removed.)

Anonymous · ‎07-08-2008

There is more to this than myFico is revealing. If they can alert me when ever I reached a set point, then they are checking my report daily. Why can't they let me know if there has been a change since yesterday. This alert feature is the most important thing to me. Without it, I guess I'll have to drop myFico and see what the others have to offer.

jmbfl · ‎07-08-2008

They are not checking your score daily. That is why they cannot alert you whenever your score changes. Furthermore, I doubt it will be possible to receive any alert based on a FICO score change. This has not been working for a long time (if ever).

There is no substitute product. This is the only product the supplies an actual FICO score based on alerts. There will just be one less available alert, but hopefully the remaining ones will all work!

Now if they would just allow us unlimited CR pulls under SW none of this would matter. We can all hope...

Anonymous · ‎07-08-2008

jmbfl wrote:

Now if they would just allow us unlimited CR pulls under SW none of this would matter. We can all hope...

I guess if they don't allow us to do this then I really don't understand what the heck SW is for. I mean if ScoreWatch is not, in fact, watching our scores, then what the heck is it doing? Just taking our money and sending us PR-laden emails to make us think it's benefitting us?

Anonymous · ‎07-08-2008

paxson93 wrote:

jmbfl wrote:

Now if they would just allow us unlimited CR pulls under SW none of this would matter. We can all hope...

I guess if they don't allow us to do this then I really don't understand what the heck SW is for. I mean if ScoreWatch is not, in fact, watching our scores, then what the heck is it doing? Just taking our money and sending us PR-laden emails to make us think it's benefitting us?

Yeah, I agree. I signed up to get alerts automatically when there is a change in my score. Now I have to Score Watch-it-Myself.

Anonymous · ‎07-08-2008

Solarjuju wrote:

paxson93 wrote:

jmbfl wrote:

Now if they would just allow us unlimited CR pulls under SW none of this would matter. We can all hope...

I guess if they don't allow us to do this then I really don't understand what the heck SW is for. I mean if ScoreWatch is not, in fact, watching our scores, then what the heck is it doing? Just taking our money and sending us PR-laden emails to make us think it's benefitting us?

Yeah, I agree. I signed up to get alerts automatically when there is a change in my score. Now I have to Score Watch-it-Myself.

As I said above, you can still use the "target score" alert feature. Set your target score to your current score, and you will be alerted whenever your score changes in either direction.

The alert that is being lost was actually redundant functionality, anyway.

Message Edited by cheddar on 07-08-2008 09:26 AM

Anonymous · ‎07-08-2008

I just canceled....