LadyFICO wrote:Sorry, we are still trying to figure it out. We post various things that happen to us and that's how we may anticipate an approximation of what we may see. That being said everyone has a unique credit portfolio, so your changes will be different . Now on occasion we have noticed similarities but that seemed to be mostly with people not doing alot of changes at once to alter the outcome. For example someone pays down a credit card and that is the only noted change for the month and received somewhere between a 9-15 point boost. Also, this could have been because their cc util was maxed out and brought it down to 10% util. That's what gives with the secret formula jokes personally I want to know the kfc formula , and what makes pizza hut taste better than the others?
Tuscani wrote:There are just way too many factors for any scoring simuator to be accurate.
Not true.. as the actual score is a snapshot in time.. While the sim can say X might be your score if you do Y.. it's highly unlikely that the only thing changing on your report over the next 24 months is what you plug into the sim.
Tuscani wrote:There are just way too many factors for any scoring simuator to be accurate.That implies that there are way too many factors for the FICO score to be accurate..........