Understanding FICO Scores

FICO is the acronym for the Fair Isaac Corporation, the private corporation creating the best known and most widely used credit score model in the United States. The FICO Score is calculated statistically, with information from a borrower's credit files. The FICO score is primarily used in consumer banking and in the credit business. Banks, Credit Unions, and other institutions using such scores as a factor in their lending decisions may deny credit, charge higher interest rates, or require extensive income and asset verification if the applicant's FICO credit score is low.

To learn more about FICO scores please view the PDF documents below.

Understanding Your FICO Score - btn_click for English

Understanding Your FICO Score - btn_click for Spanish