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Question By
gzbsds

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79 People Helped
Issues with Credit Simulator
Can someone please tell me why when I go in and simulate 24 months on time payments my credit score goes down. I was under the impression that on time payments should bring your score up not down. I discovered this issue back around the first of August. The issue was acknowledge, but I have not heard back from any one since. Is this issue still being address or is it just being ignored and Credit Karma is hoping that I would just go away?
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29 People Helped
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Helpful to 29 out of 29 people

Don't even bother with the simulator. It doesn't work- and hasn't worked for months and months. There are countless postings on this very subject, but nothing ever gets done about it. Sours me on the rest of this entire website.

1 Contribution
14 People Helped

Helpful to 14 out of 14 people

I think the simulator is broken. It is a 'SIMULATOR' and therefore should only be looking at your current number and the changes you 'simulate.' It seems to only be able to lower your number or keep it the same.  I tried to 'simulate' everytning positive and the number did not change. adding anything negative lowered it.

Reply by
nicohicks

6 Contributions
12 People Helped
Helpful to 11 out of 11 people

The simulator is a P.O.S. Not only does it not simulate positive changes in your report, but the score that it does display is totally inaccurate. All three of my FICO scores are at least 30 pts higher than what it says my score is here. Identity Guard has a functional simulator that I recommend.

Top Contributor
13 Contributions
46 People Helped

Helpful to 13 out of 16 people

The simulator works fine.  But it's based on fixed percentages that may or may not be accurate.  It also considers current position with these factors to determine if any impact will be made.

For example, if your utilization is 15%, doing the "Pay off all credit cards" won't do anything, because in CK's factors, anything less than 20% for utilization is as good as it gets.

I would like to see them add other random things - zero inquiries, close newest credit card, remove public record, remove all derogatory items, etc.

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Reply by
wazungu4

20 Contributions
34 People Helped
Helpful to 16 out of 17 people

No, the simulator does not work fine. It says making on time payments will reduce your score and I have proof this is nonsense. For the past ten months the simulator has consistently predicted making on time payments will lower my score. I have continued to pay on time but my score has never dropped. The simulator has been wrong for 10 months in a row.

It seems to work pretty well otherwise, but if you simulate on time payments it works backwards.

1 Contribution
8 People Helped

Helpful to 8 out of 8 people

True there are other factors at work,  but an on-time credit history should always be considered positive and make your score go up ... never down.   I have the same issue with the score going down when the only thing I try to simulate is an on-time credit history.

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