Does anyone know if the FICO score simulator
assumes that if have items in collection that they STAY in collection when it "predicts" your score?
To be clearer ('cause I don't think I'm being very clear at all) ... we have 3 accounts in collections and one tax lien -- they will come off (hopefully -- am PFDing my patootie off) within the next few months (fingers crossed, of course) ... so when I put in the FICO score Simulator that we'll pay 3 months on time, it predicts that our score will go up approx. 60 points.
Is this generic? Or is it considering the current situation, vis a vis the collections that are on there? If the collections come off completely, will that raise the score higher than what FICO SS is predicting?
I'm sorry to be so confusing!!!