Ever wonder how your credit score is calculated? Although many companies are can gather your credit history and produce your credit score, there one major kind of credit score most lenders refer and that’s your FICO score. FICO scores range anywhere between 300 – which is really poor and 850 – which is really great. FICO doesn’t state what is considered a good or bad score. It only provides the score.
FICO scores are created and judged by the following: