topic Re: Fico score simulator in General Credit Topics

Fico score simulator

Anonymous — Sat, 27 Feb 2016 20:04:42 GMT

Has anyone found the score simulator to be accurate?

Re: Fico score simulator

Bankrupt2019 — Sat, 27 Feb 2016 20:09:12 GMT

Fairly accurate. However my scores have increased far more than the simulator estimated. I wasn't supposed to hit 680 for another 12 months no matter what I plugged into the simulator.

Re: Fico score simulator

Anonymous — Sat, 27 Feb 2016 21:37:19 GMT

Ok thanks!

Re: Fico score simulator

Anonymous — Sat, 27 Feb 2016 21:45:50 GMT

My scores have outperformed the simulator so far also. I've things that can't be simulated, like early exclusions and dispute removals of derogatories.

Re: Fico score simulator

Anonymous — Sat, 27 Feb 2016 22:57:51 GMT

I agree with the previous poster. My results have outperformed the simulator on debt ratio alone. It said I would get an increase from 605 to 640 for triming my debt ratio from 90% to 30% overall. Doing so actually left my middle fico score at 669. It said getting to 9% debt ratio would be 690. I'm hoping it pushes me to 700. Just need those statements to cut.

Re: Fico score simulator

takeshi74 — Mon, 29 Feb 2016 13:11:33 GMT

@Anonymous wrote:
Has anyone found the score simulator to be accurate?

It's not. Don't assume any simulator to be accurate. For one thing, there isn't just one FICO model and a simulator can't simulate every model. It's just there to give you a rough idea. If you want to know a score for a given situation then you'll have to pull the specific score at the appropriate time.

Also don't overlook prior discussions as a resource.

https://www.google.com/webhp?sourceid=chrome-instant&ion=1&espv=2&es_th=1&ie=UTF-8#q=fico%20simulator%20site%3Aficoforums.myfico.com