MyFico simulator and CLI

[Swatch]

The simulator showed my score would go down 10 points if my credit limit increased by $1000. Really?

Because I would like to request a CLI with one of my cards. CLI would help my other bureau scores because they have an additional small debt showing.

[AllZero]

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@Swatch wrote:

The simulator showed my score would go down 10 points if my credit limit increased by $1000. Really?

Because I would like to request a CLI with one of my cards. CLI would help my other bureau scores because they have an additional small debt showing.

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Hmmm... you have options.

Rely on that the simulator is correct. Thus, avoid a CLI and potentially save yourself 10 FICO points.

Rely on that the simulator is incorrect. Thus, being able to obtain a CLI and maybe not lose 10 FICO points.

I'll go with the latter if it's a SP Soft Pull inquiry.

[rostrow416]

It's just a simulator.  I don't see that being accurate in that instance.  Getting a SP CLI shouldn't hurt your score at all.

[Anonymous]

I'm thinking the simulator assumes a cli involves an HP it's told me I'd lose points before also which wasn't accurate

[OmarGB9]

Simulators are useless, honestly. They can't factor in all variables when they come up with those estimates. They only consider one variable at a time.