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FICO score

By LaToya Irby, About.com

Definition: Your FICO score (pronounced FY-koh) is a branded version of your credit score developed by and named after FICO (formerly known as Fair Isaac). According to FICO, the FICO score is score most widely used by the nation's largest banks to make credit and loan approval decisions for applicants.

FICO scores range from 300-850 and are calculated based on information in all three major credit bureaus' individual reports. Therefore, you have three FICO scores, one for each of the three credit bureaus.

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