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What is a FICO score?

By LaToya Irby, About.com

Question: What is a FICO score?
Answer:

The FICO score is a branded credit score developed by Fair Isaac Corporation. Most lenders use your FICO score. You can only order a FICO score through myFICO.com. If you buy your credit score from anywhere else it is not your FICO score.

The credit bureaus have their own version of your credit score. Equifax refers to its score as BEACON, Experian - PLUS, and TransUnion - EMPIRICA.

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