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twceshy94

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On time payments will lower my score??
According to the simulator an on time payment history of 24 months will drop my score??

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If you have on time payments for 24 months, but you're only making minimum payments, then you will have a net drag on your credit score.  It means whatever debt you have, you ought to pay faster than 24 installments.

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Simulator and Lower Scores

So - I am a year after a backruptcy and I have two separate (small) secured cc accounts.

New to CK and the simulator says that whatever I do, I lower my score (or keep it the same). An example, If I pay my bills on time for six months, I lose abt 15 points (same for any length of Tme)... and If I add in that I pay off my bills in full, the score goes down 20 points. There is NO simulated option that raises my score except for taking out a $38,000 loan or higher which give me a three point increase, on the flip side 9 inquiries lower me by 7 points

Is the simulator a real tool? Which means I can't rebuild, or is there a similar tool elsewhere?

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