What is considered a good fico score
[DOC File]RESOURCE ONE CREDIT UNION
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A credit score is a method of assessing risk used by a lender considering extending credit to an individual. A well-designed credit score is objective and based on actuarially sound standards. The brand-name credit score from Fair Isaac Corp. is known generally as a FICO score. This score appears to have the lion’s share of the market.
[DOC File]The Credit Score Onion - EPIC
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FICO Score is developed by Fair Isaac Corporation and range from 300 to 850. FICO Score is the most widely used credit score and are available through all major credit reporting agencies. Credit scores above 750 is considered as excellent and below 600 as high risk to lenders.
[DOCX File]Appalachian State University
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An overall good credit picture can outweigh one or two instances of late credit payments. However, having no late payments on your credit report does not mean you will get a perfect score. Your history is only one part of the five criteria, and these are the things to consider for this section.
What Is A Good Credit Score?
FICO® Scores generally range from 300 to 850. Higher FICO® Scores mean lower credit risk, and lower FICO® Scores mean higher credit risk.
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