November 10, 2008
What’s Your FICO Credit Scores?
Categories: Web Hosting
Written By: BadBizInc.
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(No Ratings Yet) Loading ...About FICO Credit Scores
- FICO® scores are your credit rating
- They range from 300-850, higher is better
- Most lenders base approval on them
- Higher scores mean lower interest rates
- FICO® scores are calculated based on your rating in five general categories:
- Payment history – 35%
- Amounts owed – 30%
- Length of credit history – 15%
- New credit – 10%
- Types of credit used – 10%
- We’re the inventor of the FICO® score
- We’re the only site offering all 3 of your FICO® scores
- The median FICO® score in the U.S. is 723
