Showing results for 
Search instead for 
Did you mean: 

What is the best simulator?

Not applicable

Re: What is the best simulator?

It just got lucky then. Paying off a card could raise a FICO score 0 points or 100 points (or anywhere in between) based on the profile data. Profile data of course that the simulator does not have access to.
Message 11 of 12
Senior Contributor

Re: What is the best simulator?

The Credit Karma (VantageScore) and MyFico simulators do use the profile data they have on record as a baseline for simulations. In the case of CK, it uses your Transunion data. The only time I had access to the MyFico simulator was when I purchase a report and access was only for 30 days as I recall.


A primary drawback of simulators is the limited number of factors they can look at in a "what if" scenario. For example, if you have $20k in credit card debt and pay off $15k, the simulator does not ask for how much pay down on what card(s). Therefore the simulator cannot properly account for # of cards with balances or individual card utilizations - only aggregate utilization.


 For profiles with multiple derogatories such as lates and collections, the simulators lack the ability to analyze impact of changes in specific subsets of the delinquencies. Thus, their accuracy becomes even more unreliable in these cases. Here is what I see adding lates on CK: Whats up with the VS3 score boost at 90 days?

# accts lateno lates1 month2 months3 months
all 826674627693


The aggregate credit card balance (utilization) simulation is more insightful and somewhat accurate based on comparing to my actual VS3 results. I can't recall if MyFico has a total CC balance simulator.

VS 3 sim 1-2019.jpg

 I still see that same score spike but, this time peak score is around 5.5% vs 4.7% for a simulation last year. Unfortunately, my high score potential has also dropped 4 points (due to fewer total accts?) Smiley Sad


Ag UtilizationVS 3 ScoreAg UtilizationVS 3 Score
Fico 9: .......EQ 850 TU 850 EX 850
Fico 8: .......EQ 850 TU 850 EX 850
Fico 4 .....:. EQ 809 TU 823 EX 830 EX Fico 98: 842
Fico 8 BC:. EQ 892 TU 900 EX 900
Fico 8 AU:. EQ 887 TU 897 EX 899
Fico 4 BC:. EQ 826 TU 858, EX Fico 98 BC: 870
Fico 4 AU:. EQ 831 TU 872, EX Fico 98 AU: 861
VS 3.0:...... EQ 835 TU 835 EX 835
CBIS: ........EQ LN Auto 940 EQ LN Home 870 TU Auto 902 TU Home 950
Message 12 of 12
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.