@BmoreBull wrote:
I don’t know how much simulators take the baddies into consideration. I checked a couple of different simulators and one (can’t remember which), I could enter the score that I wanted to achieve along with the time frame I wanted to achieve it by. That simulator told me that there was no scenario that I could possibly reach 670 in the next two years. I personally don’t believe that. Also, they give suggestions that don’t often make sense. I was using AZEO, my discover card reported a $7 balance. It suggested that I pay off $1 every month to lower credit card debt. The minimum payment due was $7 on my statement. The simulators never mention trying to pay off baddies or have them removed as a way of improving scores.
Well, simulators do not take into account being able to remove baddies by things like pay-for-delete, same with potentially removing charge offs, etc. So yes, you can likely get to a higher credit score by getting baddies removed. However, simulators just 'simulate' baddies dropping off normally (7 years), paying everthing on time for a certain amount of time, etc. Getting baddies dropped off your report prior to the 7 year mark is between you and the creditor, not you and the CRA which is why simulators won't cover it. That said, simulators are not all that accurate anyway but they certainly can't predict anything about baddies being removed early.
