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What does the acronym fico stand for and what is its primary use?
Wiki User
∙ 12y ago
FICO stands for Fair Isaac Company, the company that created--and computes--this credit score. Although other companies also compute credit scores, FICO is the most trusted, and most used, score.
Wiki User
∙ 12y ago
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Which credit score is used by lenders most frequently?
Mortgage companies use your FICO score, Credit card companies use you Advantage Score which is a different scoring formula from FICO
Which FICO score does FHA use?
You answered your own question, the scoring model they use is your FICO score, not your FAKO score which it is called when you purchase your score from one of the big 3, that scoring model is called Advantage.
What does tod bank charges stand for?
TOD is an acronym that many banks use that means Temporary Overdraft. This happens when an account does not have enough money. The account will then be overdrawn.
Where could one get a free Fico credit score?
Fico credit score can be found at MyFico. In there one can get information about his credit score as well as about his credit reports, all onine. The use of the site is for free.
How is a FICO Score different from a Credit Score?
FICO stands for Fair Isaac Corporation, which is a company that calculates the credit score that most creditors use to determine your creditworthiness. So, your FICO score is a type of credit score. They use the information that each of the three credit bureaus (Experian, Equifax, TransUnion) possess on each consumer, and they turn that information into your FICO score. However, there are many other companies, including the credit bureaus themselves, the create their own versions of your credit score, and these scores are often different than your FICO score, since they are not using the same mathematical calculations to come up with your score.
What does the acronym LUK stand for?
The acronym LUK is commonly known to stand for the saying 'Let Us Know'. People may use this acronym LUK when for example texting when they are in a rush.
What does the acronym eee mean?
The acronym eee can stand for a variety of things, depending on context. The most popular use for the acronym is the "electronic educational environment."
What do the initials BBO commonly stand for?
The acronym "BBO" could stand for a number of things depending on the context of its use. For example, the acronym is known to stand for Bridge Base Online, Big Blind Online, and Booked by Owner.
What does the acronym CGL stand for?
Acronyms often stand for more than one thing. Likewise, CGL is used as an acronym for almost twenty different things. One common use for the acronym CGL, though, is Chronic Granulocytic Leukemia.
What does the acronym JACHO stand for?
The acronym JACHO represents the Joint Commission on Accreditation of Healthcare Organizations. This acronym is no longer in use; it has been replaced by JTC, representing The Joint Commission.
What does the acronym RCN stand for?
There are a few company who use the acronym RCN for their business. It could stand for the Residential Communications Network in the United States or the Rado Cadena Nacional in Colombia, South America.
What does the acronym pwd stand for?
The acronym pwd can stand for a few things, but the main use is password. This is used with computer users. Some other common uses of pwd are power ready and powder.
What does the acronym SVX stand for?
The acronym SVX stands for Ekaterinburg, Russia and it is the code for that airport. One can use it as a shortcut when looking for flights to or from that airport.
What does the acronym RTSP stand for?
The main acronym use for RTSP is Real Time Streaming Protocol. Real Time Streaming Protocol is designed for use of entertainment and communications systems.
What does the acronym HOYER stand for?
The acronym HOYER stands for Hanging On Your Every Word. Some people use the acronym HOYEW which also stands for Hanging On Your Every Word. Either one can be used.
What does the acronym POU stand for?
There are quite a number of various acronyms that POU could stand for. Some examples are Point Of Use, Program Organization Unit, and Philosophy Of Use.
What does the acronym INEM stand for?
The acronym INEM can have a multitude of meanings depending on the context in which it is used. The most common use seems to be the International Network for Environmental Management.
