How often does your credit score change?

Question

Every month, every three months, or what? Thanks!

Answer 1

Your credit score could potentially change daily.  Your score changes every time something happens to your credit.  If nothing is happening to your credit then it is re-scored monthly.

Things that could change your score immediately include:

.  Applying for any kind of credit

.  Authorizing someone to check your credit

.  Filing bankruptcy or having someone begin the process of foreclosure

Stuff like that.

Interestingly if you pay off your loan or do something good.. that doesn't hit until the monthly review.

Ya gotta love the monopoly of the credit companies and their collusion with financial institutions.  It should all be highly relegulated and managed but it's not.  

Answer 2

If you have loans they report it every month. But, if you don't have any creditors, then nothing will change on your history

Answer 3

Your score is not stored anywhere.  It is calculated when asked for.

If you ask two das in a row....

.... new data may have been reported by creditors.

... the old data is one day older, which may affect the calculation.

... they may have fine tuned their formula and are doing the calculations differently.