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FICO Score

or FI·CO score

[ fahy-koh skawr ]

noun

, Trademark,
  1. 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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