Credit Score Simulator 2026

Analyze your FICO score factors and simulate how different actions could affect your credit score.

Your Credit Profile

300 (Poor)580670740850 (Exceptional)
0%10% (ideal)30%50%100%
$
$

Your Credit Score

680

Good

Score Range: 670-739

Score Factor Analysis

Payment History(35%)Excellent
Credit Utilization(30%)Fair
Length of Credit History(15%)Fair
Credit Mix(10%)Fair
New Credit(10%)Good

Top Recommendations

1

Pay Down Credit Card Balances

Reduce utilization from 35% to below 30%

+30 pts·1-2 months

2

Request Credit Limit Increase

Lower utilization without paying down balance

+9 pts·Immediate (if no hard pull)

3

Become an Authorized User

Get added to a family member's old, low-utilization card

+6 pts·1-2 months

All Simulation Scenarios

ActionImpactTimeframe

Pay Down Credit Card Balances

Reduce utilization from 35% to below 30%

+30 pts1-2 months

Request Credit Limit Increase

Lower utilization without paying down balance

+9 ptsImmediate (if no hard pull)

Become an Authorized User

Get added to a family member's old, low-utilization card

+6 pts1-2 months

Open a New Credit Card

Increases total credit limit and improves credit mix

+5 pts3-6 months (short-term dip from inquiry)

Close Oldest Credit Card

Reduces credit history length and total available credit

-15 ptsImmediate negative impact

FICO Score Ranges

800-850ExceptionalBest rates and terms
740-799Very GoodBetter than average rates
670-739GoodNear or slightly above average
580-669FairSubprime borrower, higher rates
300-579PoorMay not qualify for credit

Disclaimer

  • This is a simulator based on general FICO scoring factors. Your actual score may differ.
  • FICO scores are calculated using proprietary models not fully disclosed to the public.
  • Point estimates are approximate and vary based on individual credit profiles.
  • Check your official score free at AnnualCreditReport.com.

How FICO Scores Are Calculated

FICO scores range from 300 to 850 and are used by 90% of top lenders to make credit decisions. Your score is based on five factors, each weighted differently:

FactorWeightWhat It Measures
Payment History35%On-time payments vs. late payments, collections, bankruptcies
Credit Utilization30%How much of your available credit you're using
Length of Credit History15%Age of your oldest account and average age of all accounts
Credit Mix10%Variety of credit types (cards, loans, mortgage)
New Credit10%Recent applications and hard inquiries

Credit Score Ranges

Here's what your score means and how lenders view each range:

Score RangeRatingImpact
800-850ExceptionalBest rates and terms available
740-799Very GoodBetter than average rates
670-739GoodQualify for most products at reasonable rates
580-669FairSubprime borrower, higher interest rates
300-579PoorMay be denied credit; secured cards may help rebuild

Top Ways to Improve Your Credit Score

1. Pay Down Credit Card Balances

Credit utilization is the single fastest way to boost your score. Keeping utilization below 30% is "good," but below 10% is ideal. If you have $8,000 in debt on a $23,000 total limit (35%), paying down to $2,300 (10%) could boost your score 20-40 points within one billing cycle.

2. Make All Payments on Time

Payment history is the largest factor (35%). A single 30-day late payment can drop your score 50-100 points. Set up autopay for at least the minimum payment to avoid accidental missed payments.

3. Don't Close Old Cards

Closing your oldest card shortens your credit history and reduces total available credit (raising utilization). If the card has no annual fee, keep it open and use it occasionally to prevent the issuer from closing it.

Get your free credit report at AnnualCreditReport.com

Frequently Asked Questions

What's the difference between a hard and soft inquiry?

A hard inquiry happens when you apply for credit (loan, credit card, mortgage) and can lower your score by 5-10 points for about 12 months. A soft inquiry(checking your own score, pre-qualification offers) does not affect your score at all.

How long do negative marks stay on my credit report?

Late payments remain for 7 years. Bankruptcies stay for 7-10 years. Collections remain for 7 years from the original delinquency date. Hard inquiries affect scoring for 12 months but remain visible for 2 years. The impact of all negative marks diminishes over time.

Will checking my own score lower it?

No. Checking your own credit is a soft inquiry and has no impact on your score. Monitor your score regularly — you can check it for free through many banks, credit card issuers, or at AnnualCreditReport.com.

How does credit score affect mortgage rates?

A difference of 100 points can mean 0.5-1.0% in mortgage rate difference. On a $300,000 30-year mortgage, that's $30,000-$60,000 in extra interest over the life of the loan. Use our Mortgage Calculator to see how rate changes affect your payment.

FTC's guide to free credit reports