What are some credit score simulators?

Credit score simulators include the Capital One Credit Tracker, FICO Score Simulator, CreditXpert What-if Simulator and Credit Score Estimator hosted by Credit.com. Interactive simulators allow individuals to learn how to foresee changes in their credit scores and better manage their credit and financial health, notes Credit Karma.

Score simulators allow individuals to create hypothetical situations that show how their credit scores can be affected by increasing or reducing balances on revolving credit accounts over different periods of time, explains Kiplinger. Simulator users can also run scenarios that illustrate the effects of paying down loan balances faster or slower or how keeping accounts open or closed affects a credit score.