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Understanding the Fico Credit Score Range


The standard FICO credit score ranges from 300-850 and is computed using a mathematical model invented by the Fair Isaac Corporation in 1956 as a vehicle to combat lending default and assess the risk of borrowers.

All three credit bureaus (Transunion, Experian, Equifax) use a slightly different version of the FICO credit scoring system.  Regardless, the original FICO system is still the most widely used credit scoring system—and also the most reputable.

 

 

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