FICO Score Estimator

Use this tool to get a pretty good idea of how much adding a $5000 credit card (or any other credit limit) to your credit profile could affect your credit score. To the credit reporting bureaus a secured credit card looks exactly the same as any other credit card, and has exactly the same affect on your credit score. Question 2 deals with Credit Mix - the types of credit. Questions 4 and 5 deal with Credit Utilization - how much of your available credit is used up. For your own benefit fill out Questions 1,3,6 as best you know - enter 1 credit card in Question 2 - $500 in Question 4 and - $450 in Question 5. That should be all the proof you need that an unsecured bad credit credit card that fills up the credit limit with fees on day one will hurt your credit score - not help it.

You can more accurately find out how much adding any credit card to your credit profile will affect your FICO credit score with this essential credit scoring software. It's more accurate because it pulls the actual  information from your most recent Equifax, Experian or TransUnion credit report and uses that actual information in the credit score calculation. No guessing or estimating with this tool. Plus, it's made by Fair Issac Corporation - the company that invented FICO scores in the first place.