How to Calculate Credit Rating

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Tip 1 - How is my credit score calculated?

Published: 9 years ago | Submitted by Sabarika | permalink

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.
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For further reading: http://www.investopedia.com/ask/answers/05/creditscorecalculation.asp ^[1]