Credit Score Part 1: Understanding FICO Score

What Is FICO Score The acronym FICO stands for Fair Isaac Company, the original creator of the scoring system for a consumer’s creditworthiness. FICO scores are used primarily by lenders to make credit-related decisions such as mortgage, auto loan, credit cards, just to name a few. The FICO score is based on an individual’s credit… Continue reading Credit Score Part 1: Understanding FICO Score