What is FICO score and process?

 

FICO ScoreBy the FICO score we understand the category of credit score that holds a major part of a credit report. This score is used by a lender to understand the eligibility of a borrower to get the loans. As the FICO score clearly shows out the way of the borrower to deal with a loan, it is an important weapon for the blenders to assess the risks associated with providing the loans or extending the loans. Continue reading