FICO credit scores are now at their highest levels ever … here’s why [MarketWatch]
Fair Isaac Corproation (FICO)
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Source: MarketWatch
FICO credit scores are now at their highest levels ever … here’s why Americans’ credit scores are higher than ever. The average FICO score, a widely used credit rating named for the Fair Isaac Corporation , is now 704. It hit that number in April 2018, according to a report from FICO released Monday, an increase of four points since the average score hit 700 for the first time in April 2017. Americans’ FICO scores dipped to their lowest average in October 2009, when they were just 686 on average. The scores are a considered a key rating of someone’s creditworthiness, and one that’s too low can shut consumers’ out of home mortgages, loans for cars, and even jobs . Higher credit scores give consumers access to better rates on loans and credit products like credit cards with higher rewards and more perks. The scores range from 300 to 850 and are based on information including payment history (and whether the consumer has paid their bills on time), the amounts of money one owes to various
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FICO
News
- Fair Isaac Corporation (FICO) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged WrongdoingsAccesswire
- FICO Survey: Indonesian Focus on Identity Theft Persists Amidst Escalating Real-Time Payment RisksBusiness Wire
- SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Fair Isaac Corporation- FICOPR Newswire
- Fair Isaac Corporation (FICO) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged WrongdoingsAccesswire
- Fair Isaac Corporation (FICO) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged WrongdoingsAccesswire
FICO
Earnings
- 1/25/24 - Beat
FICO
Sec Filings
- 3/21/24 - Form 4
- 3/8/24 - Form 4
- 2/22/24 - Form 4
- FICO's page on the SEC website