Key Takeaways No two credit scores are the same, even if they belong to the same person. That's because the financial industry uses different scoring models for different purposes.FICO and ...

What is considered a good credit score depends on the type of credit score used. You have multiple credit scores, but the ...

As you get familiar with your credit, you’ll quickly realize multiple types of scores exist. Although both FICO scores and credit scores exist, understanding which one lenders use can be helpful.

Credit scores existed for decades before 1989. What changed that year was the introduction of the FICO score, the first generic credit scoring system. Previously, lenders developed and used their own ...