FICO Scores Used by Lenders are Now Available to Consumers
FICO Scores Used by Lenders are Now Available to Consumers FICO announced it will make up to 18 variations of consumers’ FICO scores available for the first time. FICO publishes different scores based on the needs of the type of credit involved–car loans, mortgages, credit cards, etc. Before, FICO allowed consumers to see only their “base” FICO score at the firm’s subscription-based MyFICO.com site, or through the free FICO Score Open Access program used by some credit card issuers. Those scores are not the same scores used by lenders when they make credit decisions. Now, the company will offer up...
CONTINUE