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What is a Fair Isaac score?

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Quick Answer

A Fair Isaac score is a credit rating given out by the Fair Isaac Corporation. This rating is commonly known as a FICO score because the Fair Isaac Corporation goes by the acronym "FICO."

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Full Answer

FICO scores can range from 350 at the low end to 850 at the high end, as of September 2014. The company rates borrowers on five separate pieces of information. These are the borrower's payment history, the size of the current debt, the length of the credit history, the types of credit the borrower is using and whether any of the borrower's applications for credit are recent.

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