@oilcan12 wrote:
@Marcos8 wrote:
Just received my first TU alert after over a month of only EQ updates. It says there was an increase of my Bankcard Account (no account name other than that) which resulted in a score decrease. What is this?
Edit: I think this is some function/alert that is a total calculation of total balances across all cards but not totally sure
Yes, it is for the total balances on your bankcards. I got the same alert.
Correct. The product and engineering team have been working hard to enable balance change alerts for TU and it is finally arrived! 
TU delivers balance alerts differently than EXP and EFX. TU alerts are based on balance changes to a consumer's account at an AGGREGATE level. So the total you see is the current total of the balance across all accounts. The team is also working on an enhancement to help calculate the balance change difference for the alert as well, but that will be sometime before the end of the year before that is delivered.
@Anonymous wrote:
@oilcan12 wrote:
@Marcos8 wrote:Just received my first TU alert after over a month of only EQ updates. It says there was an increase of my Bankcard Account (no account name other than that) which resulted in a score decrease. What is this?
Edit: I think this is some function/alert that is a total calculation of total balances across all cards but not totally sure
Yes, it is for the total balances on your bankcards. I got the same alert.
Correct. The product and engineering team have been working hard to enable balance change alerts for TU and it is finally arrived!
Hi Karin.
Because this is a feature not pushed by the monitoring model that TU uses for their services, like EX and EQ, how has the engineering team implemented this? By that I mean is this a weekly update, or have they added the functionality to update the aggregate amount owed as it changes each time a card reports a difference?
@heyarrnold wrote:
@Anonymous wrote:
@oilcan12 wrote:
@Marcos8 wrote:
Just received my first TU alert after over a month of only EQ updates. It says there was an increase of my Bankcard Account (no account name other than that) which resulted in a score decrease. What is this?
Edit: I think this is some function/alert that is a total calculation of total balances across all cards but not totally sure
Yes, it is for the total balances on your bankcards. I got the same alert.
Correct. The product and engineering team have been working hard to enable balance change alerts for TU and it is finally arrived!
Hi Karin.
Because this is a feature not pushed by the monitoring model that TU uses for their services, like EX and EQ, how has the engineering team implemented this? By that I mean is this a weekly update, or have they added the functionality to update the aggregate amount owed as it changes each time a card reports a difference?
---
Actually, the product team has added this feature from the TU monitoring model, like EX and EQ. Of couse, in doing so, TU has their own unique ways of providing this service. Kelsey is in the process of updating the FAQs (if she hasn't already) to help explain this further.
However with regard to your specific question, the TU Balance alert is monitored daily - however, we know that most merchants only report monthly. It alerts, as some of you have alread noticed, notify based on changes to the balance as aggregated across all of your accounts.
For example:
Say you have 5 credit cards, with a balance totalling $10,000
The balance change decreases on one of those cards by $,1000.
The new balance is now $9,000 and you would receive an alert notifying you that your balance is now $9,000.
TU just doesn't report at the account specific level for their monitoring service which is why you see the alert represented as an aggregated total.
I hope this helps explain things.
K
@Anonymous wrote:
@heyarrnold wrote:
@Anonymous wrote:
@oilcan12 wrote:
@Marcos8 wrote:Just received my first TU alert after over a month of only EQ updates. It says there was an increase of my Bankcard Account (no account name other than that) which resulted in a score decrease. What is this?
Edit: I think this is some function/alert that is a total calculation of total balances across all cards but not totally sure
Yes, it is for the total balances on your bankcards. I got the same alert.
Correct. The product and engineering team have been working hard to enable balance change alerts for TU and it is finally arrived!
Hi Karin.
Because this is a feature not pushed by the monitoring model that TU uses for their services, like EX and EQ, how has the engineering team implemented this? By that I mean is this a weekly update, or have they added the functionality to update the aggregate amount owed as it changes each time a card reports a difference?
---
Actually, the product team has added this feature from the TU monitoring model, like EX and EQ. Of couse, in doing so, TU has their own unique ways of providing this service. Kelsey is in the process of updating the FAQs (if she hasn't already) to help explain this further.
However with regard to your specific question, the TU Balance alert is monitored daily - however, we know that most merchants only report monthly. It alerts, as some of you have alread noticed, notify based on changes to the balance as aggregated across all of your accounts.
For example:
Say you have 5 credit cards, with a balance totalling $10,000
The balance change decreases on one of those cards by $,1000.
The new balance is now $9,000 and you would receive an alert notifying you that your balance is now $9,000.
TU just doesn't report at the account specific level for their monitoring service which is why you see the alert represented as an aggregated total.
I hope this helps explain things.
K
Perfect. Thank you. Understood 
@Anonymous wrote:
@heyarrnold wrote:
@Anonymous wrote:
@oilcan12 wrote:
@Marcos8 wrote:Just received my first TU alert after over a month of only EQ updates. It says there was an increase of my Bankcard Account (no account name other than that) which resulted in a score decrease. What is this?
Edit: I think this is some function/alert that is a total calculation of total balances across all cards but not totally sure
Yes, it is for the total balances on your bankcards. I got the same alert.
Correct. The product and engineering team have been working hard to enable balance change alerts for TU and it is finally arrived!
Hi Karin.
Because this is a feature not pushed by the monitoring model that TU uses for their services, like EX and EQ, how has the engineering team implemented this? By that I mean is this a weekly update, or have they added the functionality to update the aggregate amount owed as it changes each time a card reports a difference?
---
Actually, the product team has added this feature from the TU monitoring model, like EX and EQ. Of couse, in doing so, TU has their own unique ways of providing this service. Kelsey is in the process of updating the FAQs (if she hasn't already) to help explain this further.
However with regard to your specific question, the TU Balance alert is monitored daily - however, we know that most merchants only report monthly. It alerts, as some of you have alread noticed, notify based on changes to the balance as aggregated across all of your accounts.
For example:
Say you have 5 credit cards, with a balance totalling $10,000
The balance change decreases on one of those cards by $,1000.
The new balance is now $9,000 and you would receive an alert notifying you that your balance is now $9,000.
TU just doesn't report at the account specific level for their monitoring service which is why you see the alert represented as an aggregated total.
I hope this helps explain things.
K
Hi Karin,
So glad to see this discussion. Today is the first time I have seen the aggregate "All Bankcard" My Fico Alert fom TU and it freaked me right out!!. This is NOT helpful
in the sense that it is impoossible to determine what is included in an aggregate balance; how would you know if something fraudulent is being reported. I called TU before seeing this thread and they walked through my balances (I was expecting to find a fraudulent card) but after much time wasted i find that this "aggregate balance" includes my January balance on my highest usage card which should be reporting a zero balance in February. Argh...
I think aggregate balance reporting is dumb and not at all useful......just saying....... 
Starting Score: 571 June 2013 
Interestingly, every single time my "balance on all bankcard accounts" has RISEN, my score has risen subtantially; however, when it has DECREASED, my score also decreases significantly. I'm pretty sure if I'm paying down balances, my score should go up though, right? Could this be glitchy?
