About FICO Score

 
  

About FICO Score

About FICO Score

FICO is mathematical credit score model used to calculate individual consumers credit risk. FICO score model uses many parameters to come with credit score. It takes past consumer history, earnings, buying history and any other negative remarks on file. These are just few parameters used in deriving FICO score for an individual.

The more your history is better and you are on time in paying bills to utility, banks and mortgage companies the more will be your credit score.

http://www.myfico.com

The FICO scoring model has eight categories to classify an individuals credit health. The FICO based credit score ranges between 350 to 850. Each range is labeled under credit score category.

  • 350 – 499
  • 500-549
  • 600-649
  • 650-699
  • 700-749
  • 750-799
  • 800 – Above

Credit monitoring helps you identify the fraud against your account, wrong information reported against your account and option of protecting your credit score.

Credit Score Websites

1. Free Credit Report

2. CreditReport.com

3. Check Credit Score

4. Experian - Bureau

5. Equifax - Bureau

6. Transunion - Bureau

6. About Credit Score

Identity Theft Complaints

1. FTC - Govt.

2. SSA - Govt.

Credit Reporting Agencies

1. Experian

2. Equifax

3. Transunion