04-09-2012 11:03 AM
04-09-2012 04:50 PM
04-10-2012 10:43 AM
Are you sure you are using FICO score estimator? That is the tool where you answer a bunch of questions about your credit and it gives you a FICO range at the end of it. It is not the simulator where it looks at your current credit report and you can change one or couple of things and see what it does to your credit. I find the FICO score estimator more accurate when trying to figure out what your credit will do with certain actions. The reality is that there are no tools to see what it will do to you credit because of factors of individual credit history and what scorecard you are on.
myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.>> About myFICO