Definition page

FICO Score

April 26, 2023

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A FICO score is a credit score created by the Fair Isaac Corporation (FICO). This credit score is a method of quantifying and evaluating an individual’s creditworthiness; a three-digit number ranging from 300 to 850. Lenders use the score to determine how risky it would be to loan you money. FICO scores are used in 90% of mortgage application decisions in the United States.

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