Credit Score Simulator

See how different financial actions could impact your credit score before you make them.

Your Current Credit Profile

Poor (300) Fair Good Excellent (850)
30%
0% 50% 100%

Simulate Credit Actions

+15-25 points
-60-110 points
+5-15 points
-5-15 points
-15-35 points
+5-20 points

Understanding Credit Score Factors

Payment History (35%)

The most important factor. Always pay at least the minimum on time.

On-time payments Positive impact
30 days late -60 to -110 points
60+ days late -110+ points

Credit Utilization (30%)

Keep credit card balances low relative to limits.

Under 10% Excellent
10-30% Good
Over 30% Needs improvement

Credit History Length (15%)

Longer credit history is better. Keep old accounts open.

  • • Average age of all accounts matters
  • • Don't close your oldest cards
  • • New accounts lower average age

Credit Mix & New Credit (20%)

Variety of credit types and limiting new applications.

  • • Mix of cards, loans, mortgage helps
  • • Hard inquiries impact score for 1 year
  • • Multiple inquiries in 14-45 days count as one

Quick Tips to Improve Your Score

Do These:

  • Pay all bills on time, every time
  • Keep credit utilization under 30%
  • Check credit reports for errors
  • Consider becoming an authorized user

Avoid These:

  • Closing old credit cards
  • Applying for multiple cards at once
  • Maxing out credit cards
  • Missing any payments
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