Stay on Top of Your Finances with MyFico Score Watch

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Thursday, December 25th, 2008 Subscribe To Our Feed

You have a very busy life. You need to keep track of so many things. Picking up your kids from school, going grocery shopping, paying your bills on time, getting enough exercise, are just a few examples of the complexities of life. How then are you supposed to do all that AND stay up-to-date with every aspect of your finances?

MyFico Score Watch helps you do just that by giving you one central and automated place to keep track of you FICO scores and your credit reports.
Score Watch Benefits:

Score Watch automatically keeps track of your credit report on a daily basis and your FICO score weekly.
Has the ability to alert you via email or even SMS when there is an unexpected change to your credit that would negatively affect your FICO score.
MyFico Score Watch makes it easy to set FICO score goals and alert you when you’ve reached them. It will also alert you when you qualify for better interest rates
Your membership with MyFico Score Watch® entitles you to two credit reports from Equifax yearly that you can review and save for future reference or to dispute incorrect data.

Why is it so important to keep track of your FICO Score?

Your FICO Score is how money lending agency like mortgage bankers and credit card companies rate you. Your FICO score dictates the interest rates you have to pay on any money loaned to you and the score is made up of many different data points from your financial history. If your score raises you should be entitles to a better rate and if your score drops you many get penalized.

What Exactly is a FICO Score?

There are many different things your FICO score is made up of and that My Fico Score Watch® monitors but a few of the most influential ones are:

Payment history for any previous debt
Amounts owed on current loans and credit cards
Length of credit history
New credit received
Types of Credit Used

With all these factors it’s clear that you need help keeping up with all this information. How would if feel if you could just put all your credit reporting and tracking on autopilot? Well now you can with MyFico Score Watch®!

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