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FICO is an acronym for Fair Isaac Corporation. They developed a system of determining credit scores which is now used by many creditors or lenders to determine credit worthiness of a person. The credit scores are implemented on a range basis and decisions to grant loans or credit is based on the individual's score.

FICO credit scores ranges follow:

Excellent: Over 750

Very Good: 720 or more

Acceptable: 660 to 720

Uncertain: 620 to 660

Risky: less than 620.

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16y ago

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