Printer Friendly
The Free Dictionary
967,922,872 visitors served.
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

FICO Score

   Also found in: Wikipedia 0.07 sec.
FICO Score
A standard credit score which makes up a substantial portion of a credit report that credit bureaus sell to lenders so they can asses an applicant's credit risk and whether to extend them credit.

It is an acronym for the creators of the FICO score, Fair Isaac Credit Organization.

Notes:
Using mathematical models, the FICO score takes into account various factors in each of these five areas: payment history, current level of indebtedness, types of credit used and length of credit history and new credit in determining credit risk.
?Page tools
Printer friendly
Cite / link
Email
Feedback
Add definition
? Mentioned in ? References in periodicals archive
 
s three-digit FICO score most likely comes to mind.
Making the grade: new scoring system introduced by credit agencies by Holmes, Tamara E. / Black Enterprise
which tabulates the famous FICO score named for it, found that financial problems actually create more stress than infidelity.
LOVE'S BIG QUESTION SWEETIE, WHAT'S YOUR SCORE? by Daily News (Los Angeles, CA)
Many lenders reserve their most favorable quotes of rates and fees for applicants in the upper FICO score ranges -- 700 and above.
Homebuyers Finally Getting To See Their Credit Scores by HARNEY, KENNETH / Los Angeles Business Journal
More results
 
Financial browser? ? Full browser
 
 
Financial Dictionary
?

Disclaimer | Privacy policy | Feedback | Copyright © 2008 Farlex, Inc.
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. Terms of Use.