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FICO® scores are your credit rating
They range from 300-850, higher is better
Most lenders base approval on them
Higher scores mean lower interest rates
FICO® scores are calculated based on your rating in five general categories:
- Payment history – 35%
- Amounts owed – 30%
- Length of credit history – 15%
- New credit – 10%
- Types of credit used – 10%
- We’re the inventor of the FICO® score
- We’re the only site offering all 3 of your FICO® scores
- The median FICO® score in the U.S. is 723

