5 Credit Score Facts You Need to Know

If you're searching for examples of capitalism sowing the seeds of competition, look no further than your credit score. FICO credit scores, issued by Fair Isaac Corporation, are just one brand of credit score among several clawing for a position as the best predictor of credit risk, although  FICO is the most popular.

No doubt the presence of competition has created confusion for borrowers, so let's take a moment to demystify a few FICO credit score essentials.

Image source: Getty Images

Continue reading


Source: Fool.com