As per fico simulator if I pay 2,000 my scores will raise from 664 to the range 684-714 I just paid will see what happens Did anybody got result as promised?? Thanks
Short answer: no. It's a guide. The score simulator is exactly that - a simulator. There are too many other variables involved with giving your score. If you just paid down some balances, you might have to wait a few months before they're properly reflected on your reports. Also, I don't think that they PROMISE your score will be what they say. I think you'd best read the small print.
Well I don't think the answer is "no" as per the first response. It may be 'no' but then again it may be 'yes.' I'm sure you'll see some improvement with paying down some debt. I've had my PG score go from 664 to 690 by paying down debt under $2000. Don't charge anything now that you've paid down debt and continue to pay down. In the meantime send a letter to the CRAs telling them the debt owed is not correct and they should verify with your credit card companies what the debt is and report it. Once that happens go to myfico.com and order a report. Either way, only good things can happen when you pay down debt. Way to go. Keep going. I'm right behind you.
