12-04-2011 04:34 AM - edited 12-04-2011 04:35 AM
For those who might be interested in trying their own “what-if” scenarios at credit reporting and scoring, I have put together an Excel-based workbook that provides for user input of their data, as well as their own assumptions about weighting and impact of various credit reporting and aging factors. The output of the program is a summary of all the main credit reporting categories, as well as a psuedo “score” that results from those assumptions.
It is not an attempt at a score simulator, but rather an attempt to compare the relative impacts of various factors based on one's own assumptions, and not the assumptions of others.
If you are interesested in taking a peek, send me a private message and I would be happy to email you a copy.
Just my mathematical attempt to provide a basis for understanding credit scoring......
12-04-2011 07:57 AM
Count me in.
***off to PM you***
12-04-2011 06:45 PM - edited 12-05-2011 10:30 PM
Since this is not a product of the site, I am reluctant to use any site resorces to send.
Just send me a private message here on the site, including your personal email, and I will send a copy.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.