Eliminate the guess-work with the most powerful credit score simulator that includes predefined scenarios and individual strategies for flexibility, ease of use and score optimization. The Credit Xpert What-If simulator helps you make informed decisions to uncover new opportunities. These what-if scenario research tools allow you to rely on the systems predictive capabilities instead of relying on intuition or speculation. Determining what the applicant can realistically do and what benefits would be attributed to each of their actions creates the optimal score scenario every lender needs.
As one of the most widely used tools in our arsenal the What-if simulator can predict the result of any change to the credit score before advising the borrower on what should be done. Any of the following actions will impact an individual’s score:
- Add or delete tradelines
- Reduce balances on revolving accounts
- Increase revolving credit card limits
- Change or delete delinquencies
- Transfer revolving balance
- Pay off accounts
Knowing which specific action will have the greatest result to move the borrower into an approval status or a more favorable rate is invaluable in today’s competitive market.