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What is a FICO score?

June 28, 2018 7:21 pm Published by Leave your thoughts

What is a FICO score and why do lenders need it? origin of fico score: Back in 1956, an engineer named William Fair and a mathematician named Earl Isaac came up with a formula to calculate the first credit scoring system. This calculation measures a consumer’s credit risk and has become a fixture in consumer... Read More »