FICO Simulator Accuracy?

[turninganewleaf]

Is it realistic?  I currently have FICO 598.  According to the FICO simulator's best plan of action suggests I pay my credit card balances down 90-100% and I'm looking at a FICO score ranging 698-738.  Well, I will have all of my cc balances paid to $0 by the end of Dec. '07.  Can I really look forward to that FICO score????  If so, that would be great!

[Anonymous]

Its very likely you will see that jump, assuming you're never late paying, etc.

[Anonymous]

Weird! It deleted. I bumped it and it reappeared.

Message Edited by ilovepizza on 08-14-2007 09:45 PM

[turninganewleaf]

Hello pizza,

The link you attached says message has been deleted...

[Anonymous]

---

turninganewleaf wrote:

Is it realistic?  I currently have FICO 598.  According to the FICO simulator's best plan of action suggests I pay my credit card balances down 90-100% and I'm looking at a FICO score ranging 698-738.  Well, I will have all of my cc balances paid to $0 by the end of Dec. '07.  Can I really look forward to that FICO score????  If so, that would be great!

---

I noticed that the best plan of action always uses 24 months along with whatever advice it's offering, so realistically it's predicting age along with your paying off those balances.

[Anonymous]

Here is the link. When I post links with out typing something else weird stuff happens. I think there might be a filter removing it.
http://ficoforums.myfico.com/fico/board/message?board.id=generalcredit&thread.id=34940