My husband and I are preparing to apply for a mortgage in the next 1 -2 months if things go as planned with our FICO scores. Our goal is to ensure we both have a midscore over 640 and we are very close. According to the myFico Score Simulator, my current EQ score of 627 will go to a 657 next month, just for paying my bills on time. Obviously, this is a big jump...and there's only one thing I can see changing that might explain it. I have a satisfied judgment (Public Record) on my report for a $271 medical bill that will be exactly 6 years old next month. Do you think the aging of that Public Record is the reason the simulator is predicting such a nice increase? If I simulate paying my bills on time for 3 months or even 6, there is no additional increase. It seems to be looking at something specific to next month, and this is all I see. Thanks for any feedback!
