Posts Tagged ‘FICO formula’

FICO Score Calculation

Tuesday, March 27th, 2012

FICO score is very useful for the lenders to check the applicant’s credit information or their financial history. The calculation of three digit FICO score is important to understand. The Fair Isaac Corporation checks your credit report to calculate your FICO score. Any incorrect or outdated information in your credit report would mean an incorrect […]

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FICO Score Range

Sunday, May 3rd, 2009

If you didn’t know there are several different ways to score credit and one of the most popular is by Fair Isaac. The actual FICO score calculation is extremely complicated and knowing it could work to your benefit. The reason is because where you fall on the FICO score range could save you thousands in […]

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FICO Score Calculation

Monday, February 16th, 2009

To figure out your credit score you need to understand the basics behind the FICO score calculation.  This is a complex formula that takes into account information from your credit report to generate a three digit number.  There are five main area of the FICO score calculation and each has a different wieght. The first […]

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