FICO® Score Overview

What is a FICO® credit score?

A FICO® credit score is a 3 digit number ranging from 300-850 that summarizes your credit risk, based on a snapshot of data in your credit report at a particular point in time. It helps lenders reliably and quickly evaluate the data in your credit report and estimate your credit risk. In other words, it helps lenders evaluate how likely you are to pay your credit obligations as agreed.

Applying for credit

When you apply for credit, your FICO® score influences the credit limit, interest rate, loan amount, rewards programs, balance transfer rates, and other terms that lenders will offer you. FICO scores are evaluated by lenders for a wide variety of credit products including:


  • Credit cards

  • Mortgages

  • Home equity loans

  • Auto loans

  • Student loans

And, the impact of a FICO® score goes even further – your score may be evaluated when you apply for an apartment, a cell phone, cable TV and utility services.

FICO® scores are the gold standard

FICO® scores are the most widely used credit scores. Lenders can access your FICO scores from all three of the major US credit reporting agencies (TransUnion, Equifax, and Experian). You have 3 FICO scores, one from each credit reporting agency, and they can be different. Each score is based solely on the specific credit information in that agency's credit file.

90% of the largest US banks use FICO® scores to help them make billions of credit decisions every year.