FICO and Fixing Your Credit

FICO and Fixing Your Credit

In 1989, The FICO SCORE was released to the world by William R. Fair and Earl Isaac, who founded a computer software company. They developed and sold their first credit system back in 1958. FICO (short for the Fair-Isaac Co.) was the first credit-risk model that provided a universal and impartial tool for evaluating consumer risk. The FICO SCORE is a three-digit number (between 300-850) based on credit data from your credit reports.  It helps lenders predict how likely a person is to repay a loan. Over 90% of ALL credit decisions made in the USA today use the FICO SCORE! [READ MORE]

Tobey Hartman

Graphic Designer, Digital+Print, providing expert Marketing, Promo and Event Materials, Newsletters, Books, Brochures, Logos, Photo Retouching, Digital and Hand Illustration, Hand Sketching

4 年

Helpful info, Robert, thanks.

Jeri Quinn

As an executive coach, I lead a professional training & development company. We improve operations, the bottom line, leadership/management/culture & productivity. Focused on ROI, we listen, coach, train, mentor, advise.

4 年

Your credit rating, your FICO, is one of the most important things to protect. It determines rates like Robert Intelisano states above. It can even determine what you're eligible for and the offers you'll even know exist. I understand there are different kinds of FICO scores also. Robert, I'd love to know more about those as well.

Gary Mettler

The “Annuity Maestro”/Nationally Published Author/Immediate Annuity Agent and Agent Trainer Emails: [email protected] or [email protected]

4 年

Very nice post Robert Intelisano, Thank you.

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