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	Credit score - Wikipedia, the free encyclopedia
		The best-known credit score in the United States is the FICO score calculated using mathematical formulae developed by the Fair Isaac Corporation.
		FICO scores and its variants are designed to measure the risk of default, by taking into account various weighted factors:
		FICO scores range from about 300 to 850 and exhibit a left-skewed distribution with a median around 725.
	en.wikipedia.org /wiki/Credit_score (458 words)

	Fico Credit Score Free Fico Score \| Phoenix Arizona Mortgage Lender Arizona Mortgage Lending (Site not responding. Last check: 2007-10-14)
		The scores are: (Equifax) Beacon ®, (Experian formerly TRW) Experian/FICO and (TransUnion) Empirica ®.
		Scoring has only been an integral part of the mortgage process in the past few years; however, the scores have been in use since the 1950's by retail merchants, credit card companies, insurance companies and banks for consumer lending.
		Scores, if disclosed to the consumer, must be related to the credit file - using the reason codes - since the score has no meaning in itself; the meaning or risk level is assigned by the lender and the investor.
	www.thelendingco.com /loans/FICO.htm (895 words)

	Credit Scoring and Your Loan Application
		Credit scoring is a statistical method that lenders use to quickly and objectively assess the credit risk of a loan applicant.
		There are a few types of credit scores; the most widely used are FICO scores, which were developed by Fair Isaac & Company, Inc. for each of the credit reporting agencies.
		Scores are not part of the credit profile and are not covered by the Fair Credit Reporting Act.
	www.mortgage101.com /Articles/Credit.asp?ArticleID=1005&p=mtg101 (534 words)

	FICO Score (Site not responding. Last check: 2007-10-14)
		A FICO score is a numeric score that summarizes your credit history.
		FICO scores are calculated and provided by a company called Fair, Isaac & Co. The company has statistically analyzed credit histories of a large number of borrowers, and has used those analyses to predict which factors in a person's credit history may indicate future inability to repay debts.
		FICO scores consider your credit history over several years, making it difficult to increase your credit score in a short time frame.
	www.lendingtree.com /stmrc/rearticle3.asp (336 words)

	FICO Credit Score (Site not responding. Last check: 2007-10-14)
		FICO scores were developed by Fair Isaac and Company, Inc. for each of the credit repositories.
		FICO considers the number of balances recently reported, the average balance across all trade lines, and the relationship between the total balance and total credit limit.
		FICO looks at how long you have had your account, the total number of inquiries and new accounts opened, the number of inquiries and new accounts opened in the last year,and the amount of time since the most recent inquiry.
	www.creditscoreguide.org /credit-score/FICO-score.htm (1429 words)

	Newsletter Fico Score (Site not responding. Last check: 2007-10-14)
		One of the risk management benefits that credit scores provide for underwriters is the ability to identify applicants who have strong credit characteristics (as evidenced by the credit score) that can be used as a strength to compensate or offset other risk factors that may be present in the mortgage application.
		FICO Bureau Scores, which range from approximately 400 to over 800, can be divided into different segments to assist in determining the relative level of an applicant's strength or weakness in relation to the likelihood of a future default.
		As long as the underwriter determines that the credit score appropriately represents the strength of the borrower's credit profile and uses at least two FICO Bureau Scores to develop a "representative" credit score for the applicant, he or she can place much less emphasis on the role of debt-to-income ratios in determining the applicant's creditworthiness.
	www.1acs.com /Newsletter3.htm (1186 words)

	United Alliance Group - FICO Scores
		FICO scores are provided to lenders by the three major credit reporting agencies: Equifax, Experian and TransUnion.
		This number, the FICO score, takes into account patterns which correspond to the likelihood that a person will make his or her payments on time or 'as agreed' in the future.
		FICO scores are not the only credit bureau scores, although these are by far the most commonly used.
	www.go-uag.com /services/fico_main.html (542 words)

	Your FICO Score (Site not responding. Last check: 2007-10-14)
		Often, the terms "credit score" and "FICO score" are used generically to mean a score that is obtained from one of the three national.
		Your mid FICO score is not the average of all three, but rather the score in the middle of the other two.
		Since the mid FICO score is 691, that is all the lender may use to determine your credit worthiness.
	www.mindyourfico.com /fico-score.html (585 words)

	Help: Fico Credit Score and Report (Site not responding. Last check: 2007-10-14)
		While knowing your FICO score is a good start, understanding the key factors affecting your score is also very important, because these factors direct you on how to increase or maintain your score over time.
		Your FICO score is computed based on the details of your current credit report, and will change as your report changes.
		FICO scores are not lowered from the multiple inquiries that may occur when you shop for the best auto or home loan, and a single inquiry will usually have little impact on your score.
	www.privista.com /pl/privista/help/help_credit_score.html (1555 words)

	FICO Score
		That score is calculated by a mathematical equation that evaluates many types of information that are on your credit report at that agency.
		In order for a FICO® score to be calculated on your credit report, the report must contain at least one account which has been open for six months or greater.
		FICO scores are provided to lenders by the three major credit reporting agencies: Equifax, Experian and Trans Union.
	www.aaacreditinc.com /ficoscore.htm (622 words)

	FICO Score
		FICO is a mathematical model created by the Experian credit bureau as a tool for lenders to use in evaluating the risk associated with lending you money.
		Your score is calculated by a series of questions based on both your credit report and debt-to-income ratio.
		A score of 660 or above is considered golden or "cream of the crop," and most likely you will be eligible for the best rate on your loan.
	www.lendingamerica.com /FICO.html (205 words)

	Creditnet Fico Score Explanation
		FICO is short for Fair Isaac and co. This company creates credit risk models.
		Now a real FICO score uses a scale from 300 to 850 where 661 or 681 is very good and great respectively.
		To make things even more complex, some lenders such as auto dealers are using older FICO credit scores on potential borrowers in conjunction with other data to come up with a number that means something to them and nothing to the rest of the world.
	www.magnacartanews.greatnow.com /CreditnetFicoScoreExplanation.html (388 words)

	FICO Score
		Your FICO score is the dominant method lenders use to assess how deserving you are of their credit.
		Named after Fair Isaac Corp., the firm that developed the scoring model used by the three major credit bureaus -- Equifax, Experian and Trans Union -- your FICO score is calculated using a computer model that compares the information in your credit report to what's on the credit reports of thousands of other customers.
		Since credit bureaus only calculate your score at the lender's request, it will be based on the information in your file at that particular credit bureau, at that particular time only.
	www.bankrate.com /brm/news/investing/20001004b.asp (601 words)

	FICO Score Explanation (Site not responding. Last check: 2007-10-14)
		Score factors are less meaningful for higher scoring credit reports as they merely point to the reasons why the person did not score even higher.
		However, if a borrower is very close to the score threshold, and can show that there are one or more inquires that are related to this particular loan process and the number of inquires appears as one of the four reason codes, then the lender may be able to make an exception for you.
		Credit Scoring requires that have at least one account that is older than six months and have at least one account reported to the credit bureau in the last six month.
	www.mortgageprofessional.com /FICO.HTM (1393 words)

	FICO Credit Score (Site not responding. Last check: 2007-10-14)
		FICO stands for Fair, Isaac and Company and is the name of the most well known credit scoring system.
		Your complete credit profile is reviewed and assigned a score, which is used to estimate credit worthiness.
		Your score can only be changed by the way that payments are reported directly to the 3 major credit bureaus.
	www.coloradohomesource.net /realestatelibrary/fico_score.html (360 words)

	FICO Score
		FICO stands for Fair Isaac and Company and is the name for the most well known credit scoring system which is used to estimate credit worthiness.
		Your score can only be changed by the way that item is reported directly to the credit bureaus.
		FICO scores are only "guidelines" and factors other than FICO scores affect underwriting decisions.
	www.escapetothelake.com /buyerinfo/fico.htm (1290 words)

	Your Fico Score
		He waits because FICO scores are located at the end of the report.
		FICO stands for Fair Isaac and Company, and credit scores are reported by each of the three major credit bureaus: TRW (Experian), Equifax, and Trans-Union.
		For example, one major national lender reduces the cost of a loan by a quarter point if the FICO score is greater than 725.
	www.americasdoorstep.com /articles/fico_score.htm (1150 words)

	FICO Score
		FICO scores are the most used for credit scoring.
		FICO is used by the lenders to predict the risk that they would take by issuing you a loan.
		To make their final decisions and to define your actual interest rate, lenders use their own credit ratings that are based on combination of your current financial information and your FICO score.
	www.bad-credit-advisor.com /what-is-fico-score.html (312 words)

	FICO Score (Site not responding. Last check: 2007-10-14)
		Credit scores are those elusive numbers that for years were secretive figures only seen by lenders deciding whether to approve a consumer's application.
		The FICO score ranges from 300 to a high of 850 and is produced by Fair, Isaac and Company, which pioneered the technology for credit scores in the late 1950s.
		Credit scores were originally designed for lenders, and the company has had to work hard to translate a lot of the "insider" language for lenders into user-friendly information for consumers, Watts said.
	www.21stcenturyleasing.com /fico_scores.htm (1338 words)

	The Scoring Game - HSH Associates Library of Mortgage Information
		A numerical score is then developed, typically ranging from 300 to 850, with the low end of the scale indicating a poor credit risk.
		Hence, credit scores; now, a seller can put together a package of loans for sale that aren't from a wide muddy pool of credit risks, but rather from a very specific kind or kinds of borrowers, all with scores which are close together.
		FICO has claimed that revealing the score to a consumer would merely confuse the borrower even further, and that the score by itself isn't useful without proper understanding of the process.
	library.hsh.com /?row_id=86 (1809 words)

	FICO Credit Score - How to Check & Raise Your Credit Report Rating
		The scores are: (Equifax) Beacon, (Experian formerly TRW) Experian/FICO and (TransUnion) Empirica.
		Negative information in your credit report that could impact the FICO score includes bankruptcies,delinquencies or late payments on accounts, collections, too many credit lines with maximum available funds borrowed, too little credit history (less than five credit lines in the past two years), and too many credit report inquiries.
		For years now, customers have been barred from ever seeing their FICO scores and the method whereby their FICO scores were obtained.
	www.creditinfoweb.com /credit-score/FICO-score.htm (1347 words)

	Union Plus Money & Credit
		Continuous monitoring of your credit file and score, notifies you when you qualify for better interest rates, delivers alerts when changes are detected in your score and report and shows you key factors affecting your FICO score and how a lender views you.
		Suze Orman's FICO® Kit Platinum - includes three FICO scores and credit reports and shows you how to: get the lowest rates on your credit cards, get out of debt quicker, save on your mortgage and car loans, and correct credit report errors.
		FICO® Standard - 1 FICO score and 1 credit report from any 1 of the 3 credit bureaus.
	www.unionpriv.org /benefits/money/creditscore.cfm (649 words)

	What is the credit score range?
		Experian: "The FICO scoring scale is roughly 400 to 900."
		CNNfn, CNN/Money: "Most consumers score between a 300 and 850." (In the FICO model, all consumers score between 300 and 850, unless they don't have a score, at all.
		The average score in the country is 678." Fair Isaac: "The Median FICO Score in the U.S. is 723."
	www.creditscoring.com /pages/funwithnumbers.htm (484 words)

	► fico-score (Site not responding. Last check: 2007-10-14)
		That number (known as the Fair Isaac Corporation or FICO score, named for the analytical company that devised it) determines the rates you get on your mortgage and car loans, even whether you are approved for a new apartment.
		Boost your score to 750 and you could qualify for an interest rate that's 1 or even 2 percentage points lower, saving thousands over the life of a 30-year, fixed-rate loan.
		And some people--particularly older women--don't even have a FICO score, typically because their mortgage and credit cards are in the name of their spouses.
	www.my-fico-score.info (1495 words)

	Ten Ways to Improve Your FICO® Score
		The higher your score, the more likely you are to be approved for better interest rates, higher credit limits and more types of credit than you would be with a low score.
		FICO® scores distinguish between a search for a single loan and a search for many new credit lines, based in part on the length of time over which recent requests for credit occur.
		When you get your score, you’ll also get an explanation of your score, ways you can improve it, and a full credit report from Equifax —; one of the three major US credit reporting agencies.
	www.realtor.org /realtororg.nsf/pages/myFICO2?OpenDocument (594 words)

	What Factors Determine Your FICO® Score
		FICO® scores generally do not associate shopping for the best rate on a loan with higher risk.
		While a healthy mix will improve your score, it is not necessary to have one of each, and it is not a good idea to open credit accounts you don’t intend to use.
		However, if you already have a high score (for example, in the mid-700s or higher) some of the reasons may not be very helpful, as they may reference the factors that have the least impact on your score, such as: length of credit history, new credit and types of credit in use.
	www.realtor.org /realtororg.nsf/pages/myFICO3?OpenDocument (614 words)

	Fico Score - Fica Scores \| Credit Score
		Your credit score is calculated based on the information in your credit file that shows how likely you are to pay a loan back on time - the higher your credit score, the less risk you represent.
		The credit score that lenders use most often is called a Fico score (often mistakenly referred to as a fica score).
		FICO is a registered trademark of Fair Isaac Corporation (fica score).
	www.aficoscore.com (504 words)

	#1 Loans USA,FICO Score
		Another factor that has a somewhat large effect on your score is the amount of debt that you own and the amount of credit that is still available to you.
		While your FICO score is not the only thing that is looked at by lenders it does play a big part of the decision making process.
		Effort should definitely be put into getting your FICO score to a healthy number, if you don't you will find it difficult if not impossible to get approved for loans in the future.
	www.1loansusa.com /m101/fico.html (613 words)

	FICO score,Huntsville alabama real estate (Site not responding. Last check: 2007-10-14)
		The best known is called the FICO score, based on a model developed by Fair Isaac and Company (hence the name) and used by Experian.
		FICO scores are used for more than just determining whether or not you qualify for a mortgage.
		Since the score is based on a lifetime of credit history, it is difficult to make a significant change in the number with quick fixes.
	www.huntsville-homes.com /YourFICOScore (465 words)

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