We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Why can’t I access real-time credit reporting on all credit reports?
I’m signed up for the free version of Equifax and Experian credit report and Credit Club. On Equifax and Experian I have to wait a month to a new version of my credit report. On Credit Club I get a new report every time I login (I believe?).
Does anyone know why real time access to all credit reports are unavailable?
Comments
-
Banks etc will not update everyday..
Most payments are monthly, so get updated monthly…
The real question is why are you looking at them so often?
The score is a meaningless figure.
Life in the slow lane0 -
Credit Club isn't a live/refreshed report, they just use the same data as if you use Credit Karma which is a month or so behind.
The reason you can't see live is because they paywall it to pay for running it. Pay for Experian/Equifax/TransUnion if you want to see an almost live system - it's always "almost" as banks often update slowly. I did a test for a while on the free apps and some banks went 6 weeks between providing updates on balances
Sam Vimes' Boots Theory of Socioeconomic Unfairness:
People are rich because they spend less money. A poor man buys $10 boots that last a season or two before he's walking in wet shoes and has to buy another pair. A rich man buys $50 boots that are made better and give him 10 years of dry feet. The poor man has spent $100 over those 10 years and still has wet feet.
0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 355.8K Banking & Borrowing
- 254.9K Reduce Debt & Boost Income
- 456.2K Spending & Discounts
- 248.3K Work, Benefits & Business
- 606K Mortgages, Homes & Bills
- 179K Life & Family
- 263.8K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.7K Read-Only Boards