What is FICO?
FICO is to credit score as Kleenex is to tissue or Xerox is to photocopy. Fair, Isaac and Company was founded by an engineer (Bill Fair) and mathematician (Earl Isaac) in 1956. What do you get when you cross an engineer with a mathematician? Turns out, you get credit scoring.
In addition to our glossary, we have a library of downloadable PDFs that cover FICO scores, Debt-to-income, and other mortgage fundamentals.
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