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Fair Isaac Corporation (Fico Score)

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Fair Isaac Corporation (Fico Score)
Fair Isaac Corporation (FICO score) is a certain brand of a credit score. Credit reporting agencies are where the information is collected from to calculate your credit score; used to determine if they should or should not offer you a loan or credit cards. The three credit agencies that make up the FICO score are Experian, Equifax, and TransUnion. Each agency has different credit reporting data because of different agency data is being used to calculate it. In the future if you want to buy a house and your credit score is in the low range (500-600) they will charge you hundreds of dollars more per month than a person who has a high range (700-800). The higher your score is the less the lender might charge you (How Your Credit Score Impacts
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