What your FICO® Scores mean to you
When you apply for credit — whether for a credit card, auto loan or mortgage — lenders want to know what risk they'd take by loaning you money. To evaluate this risk, lenders will often pull a credit report and credit score.
The most widely used credit scores are FICO® Scores. In fact, FICO® Scores are used by 90% of top US lenders, helping them make decisions about extending credit and at what terms and rates. Your FICO® Scores are based on a complex, scientific algorithmic assessment of the information in your credit report.
FICO® Scores provide an unbiased and proven way to evaluate a consumer's credit risk — helping people like you obtain credit more quickly and fairly.
