Credit Score Simulator

This tool helps you understand how different financial actions can impact your credit score over one year. Based on key factors used by scoring models like FICO and VantageScore, this simulator provides a conceptual projection of your credit growth.

1. Your Starting Point

Current Credit Score 700

Credit utilization is a major factor. The lower your balance relative to your limit, the better.

Total Credit Card Limit ($)

Current Credit Card Balance ($)

The age of your credit history shows lenders how long you've been responsibly managing credit.

Age of Oldest Credit Account (in years)

Lenders like to see a healthy credit mix of different account types, such as revolving credit and installment loans.

Credit Mix (Check all that apply)

Credit Card (Revolving) Installment Loan (e.g., Car, Student) Mortgage

Past Negative Marks (e.g., Collections, Bankruptcy)

Total Mortgage Balance ($)

Total Loan Balance ($)

Monthly Mortgage Payment ($)

Total Monthly Loan Payments ($)

2. Your One-Year Action Plan

I will make all my payments on time.

How much will you pay on your credit card each month?

I will not open any new credit accounts.

Credit Score Simulator

1. Your Starting Point

2. Your One-Year Action Plan

Your Potential Score in 1 Year: