Unveiling the FICO Score: A Comprehensive Guide to Assessing Your Credit Health

Have you ever wondered why you get certain interest rates on loans or credit cards? It’s not just a matter of your income or assets—your FICO score plays a big role. Your FICO score is a number that lenders use to assess your creditworthiness, and it can have a major impact on your financial life. In this article, we’ll dig into what a FICO score is, how it’s calculated, and why it’s so important....

April 17, 2024 · 5 min · 914 words · Robert Castillo