FICO Scores are the most common scores used by lenders across the U.S. There are multiple versions of FICO scores, each using different criteria. Differences are typically minor and unlikely to impact ...
Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
Credit scores existed for decades before 1989. What changed that year was the introduction of the FICO score, the first generic credit scoring system. Previously, lenders developed and used their own ...
Lenders use FICO auto scores to determine consumers' creditworthiness for car loans Carrie Pallardy has more than nine years of experience writing about a range of topics, including healthcare and ...
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What is a FICO score?

FICO scores are the most widely used type of credit score. Most FICO scores range from 350 to 850, and a score of 670 or higher is considered good. If your FICO score is on the low side, you can take ...