Credit score in the United States

The FICO score was first introduced in 1989 by FICO, then called Fair, Isaac, and ... by the creditor and the lower it is the better your FICO rating, in general.

What is a Good Credit Score? |

Jul 1, 2015 ... Most credit scores – including the FICO score and the latest version of ... Within that range, there are different categories, from bad to excellent. What is a good credit score? [Infographic] |

Jan 22, 2014 ... Do we mean “good” as in excellent, or “good” as in “good enough”? ... to FICO, the following proportions of consumers have scores in the ...
Essentially, it is the likelihood that a borrower will complete their financial obligations under a contract, such as a loan. Generally, a score above 650 is considered desirable. You will have three FICO scores, one for each of the three credit bureaus (Experian, Tra... More »
By Erin Gleason, Guide

My Credit Score: Understanding All 3 FICO Credit Scores | myFICO

FICO ® Scores are the credit score most lenders use to determine your credit risk. ... Credit card ratings: Editors from rate credit cards ...

Interpreting Your FICO Score - myFICO® Forums

Your credit is quite up to the task of securing any loan, and at excellent rates. You could get your FICO higher, but what's the point? You're ...

What are the Different Credit Score Ranges? Bad to Excellent and ...

FICO scores range from 300 to 850: the higher the score, the better. ... Folks with excellent credit will usually qualify for just about any credit card they're ...

What's a Good Credit Score Range? Understanding Your FICO ...

Aug 26, 2011 ... The credit score range, also known as the FICO score range, isn't .... Still, if we're talking excellent credit, the The Platinum Card® from ...

What is a Good Credit Score Rating? - Moolanomy

Aug 8, 2013 ... While there are many credit scoring systems, it is generally accepted that any score above 720 (particularly on the FICO scale) is considered a ...

Popular Q&A
Q: What is a Fico Score Rating
A: A FICO score or credit rating is calculated according to a proprietary formula, and is based on the information contained in a person's credit file. It is produ... Read More »
Q: How to Improve an Isaac FICO Credit Score Rating.
A: 1. Get rid of debt and keep balances to a minimum. Pay off credit cards or significantly reduce the balance to help bring up your Fair Isaac FICO score and main... Read More »
Q: FICO scores and interest rates?
A: The Fico score is also going to determine your max LTV (Loan to Value). A low score with a low LTV is not going to be nearly as bad interest rate as a low fico ... Read More »
Q: What are the historical default rates classified by FICO score?
A: . ICO says consumers in my score range of 750-799 have a delinquency rate of 2 percent. But FICO scores below 500 have an 83 percent default rate, 500-529 shows... Read More »
Q: How to Read Fico Score and Increase Credit Rating
A: Your FICO score is a vital component of managing your finances. This is the number used by the credit bureaus to determine how good your credit is. The FICO sco... Read More »