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2. FICO - Wikipedia

   en.wikipedia.org/wiki/FICO

   FICO scores are based on credit reports and "base" FICO scores range from 300 to 850, [3] while industry-specific scores range from 250 to 900. [11] Lenders use the scores to gauge a potential borrower's creditworthiness. [12] Fannie Mae and Freddie Mac first began using FICO scores to help determine which American consumers qualified for ...

3. What do the different versions of FICO scores mean? - AOL

   www.aol.com/finance/different-versions-fico...

   For example, industry-specific versions of FICO focus on auto loans and credit cards (referred to as “bankcards” in the context of FICO scores). How different FICO score versions are used

4. Credit score in the United States - Wikipedia

   en.wikipedia.org/wiki/Credit_score_in_the_United...

   The average FICO Score 8 in the US was 710 in 2020 and 716 in April 2021. [18] The FICO bankcard score, FICO auto score, FICO personal finance score, and FICO installment loan score are between 250 and 900. The FICO Mortgage Score and FICO Score XD 2 are between 300 and 850. [19] [20] Higher scores indicate lower credit risk. [21]

5. 6 Ways to Get Your Official FICO Score Free - AOL

   www.aol.com/finance/2016-03-31-6-ways-to-get...

   FICO (for Fair Isaac Corporation, the company that invented credit scoring) Getty By Marilyn Lewis A high credit score is your ticket to discounts in borrowing and insurance. It can also be a key ...

6. Credit history - Wikipedia

   en.wikipedia.org/wiki/Credit_history

   Fair Isaac is one of the major developers of credit scores used by these consumer reporting agencies. The complete way in which a consumer's FICO score is calculated is complex. One of the factors in a consumer's FICO score is credit checks on their credit history. When a lender requests a credit score, it can cause a small drop in the credit ...

7. Here are the 5 biggest changes to credit scores in 2022 - AOL

   www.aol.com/finance/5-biggest-changes-credit...

   Credit scores and mortgages. The Federal Housing and Finance Agency (FHFA) announced that it would allow lenders to use new credit scoring models FICO 10T and VantageScore 4.0 to qualify borrowers ...