The FICO credit score model was developed by the Fair Issac Corporation according to an article, by Bernard P. Nelson, titled “Understanding the FICO Credit Score: What is a Good Credit Report?” The article was recently published by Suite 101 Magazine.
Free Credit Score?
The article explains how consumers can learn their credit score number from the U.S. national reporting agencies. The article provides a link to additional information about the FICO credit score.
Credit Score Ratings
A consumers credit score rating can vary among different financial institutions. Nelson’s article provides information about what is considered in credit score ratings, and provides a link to a Federal Trade Commission web page for additional information.
Credit Score Scale
The Fair Issac FICO credit score scale is applied differently among financial institutions, according to the article. Links are provided to additional sources in order for consumers to have a better understanding about how the credit score scale works.
Credit Score Range
The credit score range is provided in the article for bad, good, and excellent credit scores. A list of financial sources provide what they believe is a bad, good, and excellent credit score. A link is provided for additional information.
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