A Quick Breakdown of the 5 Categories of Your FICO Score

A better understanding of the most used credit scoring model

Tunji Onigbanjo
The Dark Side
Published in
4 min readAug 28, 2020

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Image by CafeCredit.com on Flickr

FICO Score is the most used credit scoring model using by issuers when you are applying for a credit card or loan. How do I know this? As stated on the FICO Score website, “FICO Scores are used in over 90% of U.S. lending decisions.”

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