Since I was one of the first credit counselors on the internet to write about the credit score simulator that is freely available from Ikarma. If you are not familiar with the credit score simulator, it is a free service offered by Ikarma but has some limitations which I will explain how to overcome. To use it you simply visit Ikarma, create an account and first you can pull your free credit reports with a credit score. Then you can run the credit score simulator to see what changes you need to make to improve your credit score.
OK, now that we are all on the same page, let me share what the drawbacks are when using the simulator.
First, there are a limited number of changes you can account for. You can see what your new score generally will be if you add or close a new credit card. Or, if you skip a payment. Get a new loan or have new credit inquiries, but that is about it.
What you cannot account for is what happens if you are able to completely remove a negative trade line, like something that is in collections. This is something that would be extremely helpful to raising your credit score.
Why do you think this might be? Because the credit reporting industry as a whole is not big on this type of thing, even though it can be done as part of a credit restoration program using the laws of the Fair Credit Reporting Act.So, given this, let me pose another way to not only simulate but also remove negatives from your credit report and raise your credit score.
Visit: credit restoration or call: 888-586-2661.
You can ask for a free credit report evaluation and they will look at your credit report and provide a free consultation with a credit repair specialist who will tell you what they can do to remove negatives from your credit report, even those feisty negatives like a past bankruptcy.
Here’s to a happy credit score. Yours.
If you have questions about debt or anything related, I will be happy to help you.
The advice is always free.
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