News

What Is a Good FICO Score? The higher your FICO score, the more attractive you are to lending institutions. On the contrary, the lower your score, the more lenders consider you a credit risk.
FICO is the most widely used credit scoring model, developed by the Fair Isaac Corporation in 1989. The higher your FICO score is, on a scale of 300-850, the more trustworthy you are as a borrower.
How your FICO Score is calculated. Each FICO Score uses slightly different weighting and criteria to determine your score, but FICO scores are based entirely on the information from one of your ...
What is a FICO score and why is it important? FICO Scores are used in over 90% of U.S. lending decisions, so it's important to know about the types of FICO Scores and where you can check yours for ...
What is a FICO Score. Created by the Fair Isaac Corporation in 1989, FICO scores distill the data on your credit reports, such as how much debt you have and whether you consistently pay your bills ...
Find out if your preferred lender participates in FICO® Score Open Access to check your score and the factors impacting it. Aside from these tips, the most important thing to do is to make every ...
A FICO score is used by lenders to determine your eligibility for a loan or credit card. It shows them how you've managed current and previous loans and can reveal the likelihood you'll pay them back.
Your FICO score is calculated based on numerous factors, such as payment history, how much credit you're using and how long you've been using credit.
Your FICO score considers how many new credit accounts you’ve opened, as well as how many of your accounts are recent. Your credit score may drop a few points when you apply for new credit.
It’s important to understand how your FICO Score and other types of credit scores work. Good credit scores can make your financial life easier to navigate and may help you save money along the way.
But, depending on what your FICO Score is, an UltraFICO could bump you into the next higher range which may make a difference if you were on the edge of acceptance. FICO Scores are broken up into ...