Credit Score Update in Mobile App
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Questions and Answers

When does a user's credit score update in-app?

  • On their billing date (correct)
  • On the 15th of the month
  • On the first day of the month
  • On the last day of the month
  • What happens if a user's Equifax score is not found after registration?

  • Their account is put on hold
  • They still have access to financial coaching, product usage, and credit reporting (correct)
  • Their access to financial coaching is denied
  • Their credit report is not submitted to the bureau
  • Why do we register users without a credit score?

  • To reduce drop-off rate and improve registrations (correct)
  • To improve the accuracy of credit scores
  • To reduce the number of users
  • To increase the cost of credit building
  • When do we submit a user's credit report to Equifax?

    <p>On the first week of the following month</p> Signup and view all the answers

    What is the purpose of reporting users to the bureau?

    <p>To help them build their credit history</p> Signup and view all the answers

    What does the 'Report Date' in Admin represent?

    <p>The last day of the month when we submit their data to Equifax</p> Signup and view all the answers

    What does it mean if a report shows a 'Version' in the report?

    <p>The report was sent and approved by Equifax.</p> Signup and view all the answers

    How long does it take for updates to be reflected on the consumer credit file after Equifax processes the report?

    <p>48 hours</p> Signup and view all the answers

    What should you check if a user doesn't see their score updated in-app after the billing date?

    <p>Admin under 'Submitted Credit Reports'</p> Signup and view all the answers

    What might cause a user to have missing scores for more than 3 months even if the report was sent to Equifax?

    <p>The user does not have a profile with Equifax</p> Signup and view all the answers

    What should you do if a user's score is not updating and everything matches with Equifax?

    <p>Create a bug intercom ticket for Tier 2 to review</p> Signup and view all the answers

    What type of ticket should be created if the issue persists after Tier 2 review?

    <p>Lab ticket</p> Signup and view all the answers

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