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  2. What do the different versions of FICO scores mean? - AOL

    www.aol.com/finance/different-versions-fico...

    A FICO score, developed by the Fair Isaac Corporation, has been used by lenders since 1989 to evaluate consumers’ credit risk. These three-digit scores typically range from 300 to 850 (although ...

  3. Credit score in the United States - Wikipedia

    en.wikipedia.org/wiki/Credit_score_in_the_United...

    This score was introduced in 2001 (FICO score NG1), and in 2003 (FICO score NG2) the second generation of NextGen was released. [36] In 2004, FICO research showed a 4.4% increase in the number of accounts above cutoff while simultaneously showing a decrease in the number of bad, charge-off and bankrupt accounts when compared to FICO traditional ...

  4. What is a FICO score? - AOL

    www.aol.com/finance/fico-score-122307125.html

    What is the average FICO score? According to the most recent data from FICO, the national average FICO score is 717. Since scores between 670 and 739 are considered good, that means the average ...

  5. Credit score - Wikipedia

    en.wikipedia.org/wiki/Credit_score

    In Australia, credit scoring is widely accepted as the primary method of assessing creditworthiness. Credit scoring is used not only to determine whether credit should be approved to an applicant, but for credit scoring in the setting of credit limits on credit or store cards, in behavioral modelling such as collections scoring, and also in the pre-approval of additional credit to a company's ...

  6. FICO Score vs Credit Score: Do You Really Know the ... - AOL

    www.aol.com/fico-score-vs-credit-score-145700233...

    A credit score is one factor used in a lender’s assessment of your creditworthiness when you apply for a lending product, such as a loan, line of credit, or credit card. It can also be a factor ...

  7. A Guide to the New FICO® Score Changes - AOL

    www.aol.com/news/guide-fico-score-changes...

    Your credit score impacts several aspects of your financial life, including the interest rates you receive on loans and premiums you pay on auto insurance. As such, understanding how credit scores ...

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