What is a FICO score, and why does it matter?

Good credit: The Fair Isaac Corporation (FICO) credit score is used by banks and other lenders to determine whether someone is a good credit risk. Scores range from 300 to 850, with a score of 720 or more indicating that a person is a very good credit risk. An economist wants to determine whether the mean FICO score is more than the cutoff of 720. She finds that a random sample of 10 people had a mean FICO score of 740 with a standard deviation of 97. Can the economist conclude that the mean FIC

good credit the fair isaac corporation fico credit score is used by banks good credit risk scores 300 and other lenders to determine whether someone is range from to 850 with score of 720 o 39338

A man checks his FICO credit score on his smartphone. The result is excellent. Fictional device and screen interface.

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Fico 10T is the newest version of FICO scores and it’s just been approved to be used for mortgage lending. Here’s everything you need to know about your new credit score… | Road To 750, LLC