A Quick Breakdown of the 5 Categories of Your FICO Score
A better understanding of the most used credit scoring model
Published in
4 min readAug 28, 2020
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.”