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FICO Score 8 is one of the most widely used FICO scores, along with FICO Score 9. Find out how this type of score works and why it matters.
Some credit card companies may offer a FICO 8 or FICO 9 credit score or a VantageScore 4.0. Those scores use the more common 300-850 point range, and all have slightly different scoring formulas.
Citi Cards recently adopted the FICO 8 Score as a tool to use in determining the credit risk of its customers and potential customers.
Key takeawaysFICO Scores are the most common scores used by lenders across the U.S.There are multiple versions of FICO scores ...
There are advantages to maintaining a pristine credit profile. Primarily, having great credit means that you're more likely to qualify for loans and lower interest rates. There's also bragging ...
FICO 8, which launched in 2009, is still widely used by lenders, in part because of the cost of upgrading. Still, this new version , called the FICO 10 Suite, is expected to be adopted by many ...
MINNEAPOLIS — FICO insists more vehicle lenders are synchronously migrating to the FICO 8 Auto Score — with most companies set to complete the adoption process by May.
Second, they may be perfectly happy with FICO 8. As they say, if it ain't broke, don't fix it. The slower adoption of FICO 9 has made consumer access to the new score difficult.