Fico - sustany/dvg GitHub Wiki

FICO is the acronym for Fair Isaac Corporation, as well as the name for the credit scoring model that Fair Isaac Corporation developed. A FICO credit score is a tool used by many lenders to determine if a person qualifies for a credit card, mortgage, or other loan. FICO scores also determine the interest rates a person would pay or their credit limit. Higher scores generally correlate to a better likelihood of getting a loan, and better interest rates for those loans. Scores range from 300 to 850. A score below 579 is deemed �poor,� and persons with this score are viewed as risky. A �fair� credit score is any between 580-669, �good� between 670-739, and �very good� for 740-799. Those with an 800 or above are deemed �exceptional.��