What is FICO score? How is it calculated? Why is it so important?

FICO® scores , FICO scores or Fico credit scores are part of the criteria that many financial institutions use to make lending decisions. Maintaining good financial health requires understanding how you use credit and how it affects your scores. Using information from your credit reports, FICO assigns a three-digit score to you. This score helps lenders assess your likelihood […]

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