This simulator helps you understand how specific financial decisions could affect your credit score. While it does not connect to your real credit file, it uses common credit scoring principles to give you an estimated score impact.
🚀 How to Use the Simulator
- Enter Your Current Credit Score
- Type a number between 0 and 850.
- If you’re not sure, you can estimate or use a recent report from your bank or a credit check service.
- Choose an Action to Simulate
Select a credit-related action from the dropdown. Available options include:
| Action | Description |
|---|---|
| Pay Off Debt | Enter the amount of debt you’re paying off. |
| On-Time Payment | Simulate the positive impact of paying your bill on time. |
| Apply for New Credit | Shows the potential negative effect of applying for a new loan or credit card. |
| Miss a Payment | Estimates the penalty of a late or missed payment. |
| Reduce Credit Utilization | Input your current and new credit usage percentage. |
| Add Hard Inquiry | Simulates a credit check by a lender. |
| Open New Account | Reflects the short-term impact of opening a new credit line. |
| Close Inactive Account | Shows how closing old credit can affect your score. |
- Fill In Required Fields
- Some actions (like Pay Off Debt or Reduce Utilization) require extra information.
- Only the fields relevant to the selected action will be visible.
- Click “Simulate”
- The simulator will instantly calculate the estimated point change and show your projected new score.
📘 Example Scenarios
- You pay off €1,200 of your credit card debt → ~+12 points.
- You apply for a new loan → ~–10 points.
- You reduce your utilization from 75% to 30% → up to +30 points depending on reduction size.
- You miss a payment → –30 points.
📌 Important Notes
- This tool is educational and should not be treated as financial advice.
- Actual credit score changes depend on your full credit history and the scoring model used (e.g., FICO, VantageScore).
- Scores are capped between 0 and 850.
- We do not collect or store any personal data you input.
💬 FAQs
Q: Do I need to sign up to use this tool?
A: No. It’s completely free and doesn’t require registration.
Q: Is my input saved anywhere?
A: No. All input is processed in real-time and discarded afterward. We respect your privacy.
Q: Why is my score not changing much?
A: Some actions only have a small impact individually. Credit scores change more dramatically when multiple factors are involved.
🧠 Tip for Best Use
Try combining simulations:
- Start with your current score.
- Simulate a missed payment.
- Then simulate paying off debt.
This helps visualize how different behaviors cancel or enhance each other.