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Old 05-09-2007, 08:43 PM
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Default Credit monitoring service - How long does it take?

How long does it take a credit monitoring service to discover a new account has been opened? I pay for a credit monitoring service every month. On March 1st I opened a new account, and expected the service to notify me of the change, since they have no proof I was the one who opened the account.

Typically how long does it take a credit monitoring service to discover changes made on an account? To my knowledge they only work with one bureau, not all three. I have not called them because I want to see if they ever notify me. If not, I'm closing the service and requesting a refund. Also, is there a service which provides daily updates from all 3 credit bureaus?
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Old 05-09-2007, 09:22 PM
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It should take about a month. It can take longer depending on when the new account is reported to the credit bureaus and when your credit monitoring service pulls your snapshot.
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Old 05-09-2007, 11:50 PM
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The credit reporting monitoring service will usually notify you of activity in a short time frame say 24 to 48 hours, check the FAQ on the credit bureau monitoring service where you signed up. A new account can take 60 to 90 days to appear on your credit report. Many lenders submit there updates from the prior month in the first week of the new month.
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