So, here is my experience (thus far) with the Estimator and the Simulator at myFICO
The Estimator predicted a score range of 710 to 760 (middle is 735)
I then pulled myFICO scores: EQ = 733; TU = 732
Pretty darned close to the middle value from the Estimator
The Simulator predicted that if I paid down debt (my two worst negatives were amount owed and % utilization) from 38% to 20%, that my score would increase, range from 733 to 763. Running this scenario in the Estimator ballparked my score at 725 to 775 (middle is 750).
Today, Scorewatch reported a 763! And that is with a drop in utiliztion from 38% to just 24%. When the rest of the payoffs get listed, it may go up more.
So, that's a bit higher than was predicted by the Estimator, and is on the far right of the range predicted by the Simulator.
Now, if I go back to the Simulator with the current score, and plug in the remaining paydown amount as a one-time payment, the range of the potential score is 763 to 783. (Best action is 773 to 813)
What can I conclude? Well, not a lot. But, for individuals with a relatively long history (AAoa 9 yrs; longest TL 15 yrs; no negatives), the Simulator and Estimator work fairly well, though the higher end of the range may be more predictive.
I'll report back as the rest of the TLs get paid down.
