Focused48 wrote:
I am confused, as well. I paid for the service mostly for the score simulator and scorewatch for alerts because I'm trying to buy a home. The problem is - I found out that I'd have to pay 10.95 every time I wanted a new and accurate score. This really bothers me. I have already spent over $60 on this and I am confused. I could just pay Equifax that money and skip myFICO altogether. I did like the fact that it alerted me to an inquiry (which turned out to be an Equifax and Figi error - I did not apply for credit and Equifax put the inquiry on my account instead of another person with a very similar name who lived in an apartment complex that I USED to live in). That was a nice alert to get, but as it turned out, even though it was an inquiry that was wrong, it did not affect my score (thank goodness). BUT, I guess I misunderstood the SW thing. I paid for three months and had no idea that I would have to buy my fico score every time I wanted to know - BECAUSE I WANT TO KNOW EVERY DAY, I'M TRYING TO BUY A HOUSE.
Now, I have to make sure that I cancel before my three months is up to prevent an automatic billing to my credit card that I'm trying to keep at the zero balance. UGH.
Unfortunately there is no service that offers FICO scores daily, well not without a steep cost anyway. SW and EQ's counterpart service operate the same and will alert you to significant changes to your CR, for a fee. The items that trigger an alert are found on the SW Guide stickied in this Board. SW offers 2 free FICO reports and will alert you to changes to your EQ CR and FICO score, provided your target score is correctly set. It doesn't offer daily pulls w/ FICO score, but would be pretty cool if it did.
The only way to know and see your FICO score on a daily basis is to actually purchase a new report. As a SW subscriber, you get the reports for $10.95. If you buy them directly from Equifax, you'll wind up paying at least $5 more per report.
IMO, if looking to save $$$ and you don't want to spend over $300 per month to purchase a new report daily to see your score, try subscribing to a CMS like creditchecktotal or any number of daily CR pullers out there. The scores on those sites are NOT FICO scores, but as you see a change to your report(s), come back to myFICO to purchase your report and score to see the score impact. Most of us do that and is a great way to save money if nothing much is happening on your CR.
