how often is your credit score updated?

Answer 1

Credit scores are updated when the scoring software is accessed. Your credit score is a calculation based on the data in your credit report. So when your credit is "pulled" and a score is requested, that score is calculated through the software, Beacon (software) for Equifax, FICO for Experian and Empirica for Trans Union.

Your credit report changes month to month, mostly by means of automated updates to your file from creditors who report to the bureaus. The differences reflected in that raw data causes changes in your score, but only when those calculations are performed in response to a request for a score.

Answer 2

Your credit score is not stored in your credit file. It is recomputed every time it is requested based on the information in your file at that time. Most individual creditors update your account with them once a month. Each creditor reports on their own schedule. Updates could happen as often as daily.

Answer 3

Any time that something new is added to your credit report it will update your credit score automatically.

Answer 4

At least every 30 days. However, it depends upon the accounts you have and when they update your report. For example, your cc reports your acct the 10th of every month and your loan reports your acct the 20th of every month. So technically your score will be updated twice during the 30 day period.

Answer 5

Any time something is reported that positively or negatively effects it. Could be every day, could be once a month.