FICO
FICO 9: 3 changes made to your credit score
FICO is short for Fair Isaax SOrportation is an algorithm that calculates credit scores. Although there are many proprietary credit ratings, FICO is used by approximately 90% of all lenders. This includes lenders for mortgages, auto loans, credit cards, store credit cards, and business loans. Your credit score affects not only whether you get the […]
Differences between different versions of FICO Score
If you’ve been working on staying on top of your credit score, you’ve probably done your research and found that FICO scores are commonly used in lending decisions. The FICO score is a three-digit number between 300 and 850 that gives lenders and credit card issuers an idea of your creditworthiness. If you’ve been a […]
Why it is important to know your FICO Score
The content of this page is accurate as of the publication date; however, some offers from our partners may have expired. Browse our list of the best credit cards or use our CardMatch™ tool to find the cards that suit your needs. The following post was sponsored by our partner, FICO. The analysis and opinions […]
What is a FICO score? How to improve it?
The content of this page is accurate as of the publication date; however, some offers from our partners may have expired. Browse our list of the best credit cards or use our CardMatch™ tool to find the cards that suit your needs. If you’ve paid attention to your credit score and finances, you’ve probably heard […]
8 reasons why FICO results are unstable
Have you ever paid off a debt only to find that it caused your credit rating to drop? Paying off your debt is a good thing. But why could this lead to a drop in the credit rating? If you track your account monthly, it can be very frustrating to pay off your loan just […]