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Credit Card Applications » Questions » User Questions » Limited/Bad/Fair Credit » What does the term FICO score stand for?

What does the term FICO score stand for?

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Before one understands the term FICO score, one needs to know what FICO stands for, FICO is Fair Isaac Corporation that help create a system in 1958 to track credits rating for various investors in the United States. It also was to first to document these details for the American Bank and Trust who began to issue credit cards. Therefore an FICO score is the same as one’s credit score or rating.

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