FICO scores are credit scores but not all credit scores are FICO scores. Learn the difference between credit score types to better understand your creditworthiness. At-A-Glance FICO is the oldest U.S. credit scoring system, introduced in 1989. ...
Not all credit scores are FICO scores. TheVantageScoreis a scoring model created by a collaboration among the three major credit bureaus. It's not as widely used as the FICO score but it has caught on among free credit score providers.4 The latest version, VantageScore 4.0, and its pred...
Credit age: Credit age measures the average length of time for which someone has been using credit. The older someone's credit age is, the better. This factor accounts for 15% of FICO credit score calculations. Credit mix: FICO also considers the types of credit someone uses (i.e., inst...
Learn more about our FICO credit report, used by lenders to help make accurate, reliable, and fast credit risk decisions across the customer lifecycle.
FICO scores are the most widely used type of credit score. Most FICO scores range from 350 to 850, and a score of 670 or higher is considered good. If your FICO score is on the low side, you can take steps to improve it.
Get the right score for your credit goal, including your FICO Scores used for mortgages, auto loans, and credit cards. Get the score lenders use Get your FICO Score—90% of top lenders use FICO Scores. Although they may look the same, other credit scores can vary as much as 100 points...
Why should I check my FICO® Score? 90% of top lenders use FICO® Credit Scores, including Discover.1 That’s why Discover provides a FICO® Score instead of any other type of credit score. Lenders will use your credit score to determine your credit risk and creditworthiness. You can...
While FICO Scores are used by 90% of top lenders, there are other credit scores made available to consumers. Other credit scores may evaluate your credit report differently than FICO Scores. When purchasing a credit score for yourself, most experts recommend getting a FICO Score, as FICO Scores...
A FICO® Score is a 3-digit number that summarizes your credit risk based on your credit file at one of the three major consumer bureaus at a particular point in time. FICO® Scores are used in 90% of lending decisions. FICO® Scores help lenders evaluate credit risk and can influen...
2022 Credit Trends in the US by City and State FICO® Extended Score 4 Resilient Credit Lifecycle Strategies are the New Norm What’s Cooking in the FICO® Scores Lab? Broadening Financial Inclusion in Mexico for an Additional 8 Million Eligible Consumers Keep Calm and Keep Credit Flowing 20...