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FICO Score
or FI·CO score
[ fahy-koh skawr ]
noun
, Trademark,
- a type of credit score used by most banks and credit card issuers to assess an individual’s creditworthiness: FICO Scores range from a low of 300 to a high of 850, with 700 or higher generally considered a good credit score.
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Word History and Origins
Origin of FICO Score1
First recorded in 1989; from FICO, a data analytics company originally named Fair, Isaac and Company
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