Tip - How is my credit score calculated?

Published  | Submitted by Sabarika
How is my credit score calculated?

The credit score, commonly referred to as a FICO score, is a proprietary tool created by the Fair Isaac Corporation. This is not the only way to get a credit score, but the FICO score is the measure that is most commonly used by lenders to determine the risk involved in a particular loan.
Tags: fico,credit score,credit report,loan,credit risk,bankruptcy,default,bankrupt,delinquency,credit card,credit cards,credit rating

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Posted: 9 years, 4 month(s) ago

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