why does the score not change?

[babbles]

Just wondering now that I am signed up with EQ for monitoring namely credit watch, seems like my score dosen't move any more despite having paid down my cc down to $0 on a $500 limit and monthly bill accounts have dropped because of the monthly payments. I thought anything triggers a score change??

[smallfry]

Time time and more time. I know how you feel because I see the same thing in my Scorewatch. Unless you are doing massive additions to your reports or changing utilization by a large amount don't expect to see much change. I think it is cheaper to just buy your EQ report every 4 months or so and monitor for ID theft with one of the TU resellers. Providing you haven't been locked out of course.

[haulingthescoreup]

Mine would just sit there for week after week, and then suddenly start spitting out alerts twice a week.

In general, you get alerts for things that can hurt you --increased balances, new accounts, possible identity issues, and so forth. But it's also supposed to alert you for score changes in general, and I would have thought that yours would have increased. Do you still have a revolving account (CC) that reports a tiny balance? Oddly enough, your score drops if everything is paid off. If this was your only card, maybe the improvement from paying it down was canceled by not letting a balance briefly show.

Here's the summary of what is supposed to trigger alerts (see the column on the left):

http://www.myfico.com/products/scorewatch/description.aspx

Other than the possibility I mentioned above, I have to admit I'm baffled.

[MidnightVoice]

My SW:

Your FICO® score is 787 and has not changed since November 21st, 2007.

[babbles]

What is that? Your score is 787 and hasn't changed since 21 Nov 2007?

[babbles]

Yes, I still has a credit card that has a 13k balance which also has been slightly paid down as well.

[haulingthescoreup]

It's possible, then, that the score hop that you would have gotten from paying the smaller card was swallowed up by the util on the second card, plus your overall util.

What is the credit limit on the card with the $13K balance? And are there any other CC's, paid off or not?

FICO looks at individual account util, but also at overall util. And if that second card has a CL of $15K or so, it is considered maxed out, and that is as bad of a hit as if you had a new collection.