MyFICOScore

Your Score Breakdown:

35%- Payment History
30%- Amount Owned
15%- Length of Credit History
10%- Credit Mix
10%- New Credit

What Your Score Means To Lenders:

800 or higher: Exceptional borrower
740–799: Very good borrower
670–739: Considered good
580–669: Fair borrower
579 or less: Poor borrower

More FICO^® Score Information

• What are score factors?
  

  Score factors are delivered with a consumer's FICO^® Score, these are the top areas that affected that consumer's FICO^® Scores. The order in which the score factors are listed is important. The first factor indicates the area that most affected the score, and the second factor is the next most significant influence. Addressing these factors can benefit the score.

• Why is my FICO® Score different than other scores I've seen?
  

  There are many different credit scores available to consumers and lenders. FICO^® Scores are the credit scores used by most lenders, and different lenders may use different versions of FICO^® Scores. In addition, FICO® Scores are based on credit file data from a consumer reporting agency, so differences in your credit files may create differences in your FICO^® Scores

• Why do FICO® Scores fluctuate/change?
  

  There are many reasons why a score may change. FICO^® Scores are calculated each time they are requested, taking into consideration the information that is in your credit file from a consumer reporting agency at that time. So, as the information in your credit file at that CRA changes, FICO^® Scores can also change. Review your key score factors, which explain what factors from your credit report most affected a score. Comparing key score factors from the two different time periods can help identify causes for a change in a FICO^® Score. Keep in mind that certain events such as late payments or bankruptcy can lower FICO^® Scores quickly.

• Will receiving my FICO® Score impact my credit?
  

  No. The FICO^® Score we provide to you will not impact your credit.

• How do I check my credit report for free?
  

  You may get a free copy of your credit report from each of the three major consumer reporting agencies annually. To request a copy of your credit report, please visit: www.annualcreditreport.com. Please note that your free credit report will not include your FICO^® Score. Because your FICO^® Score is based on the information in your credit report, it is important to make sure that the credit report information is accurate.

• Why is my FICO® Score not available?
  
  • You are a new account holder and your FICO^® Score is not yet available
  • Your credit history is too new
  • You are not the primary account holder
• Glossary
  

  Consumer Reporting Agency (CRA)
  An organization that assembles or evaluates consumer credit information, or other information on consumers to prepare and furnish consumer reports to third parties. The three largest CRAs, often also referred to as credit bureaus, in the U.S. are Equifax, Experian and TransUnion.

  Credit file
  The credit records at a consumer reporting agency regarding a given individual. The file may include: the person’s name, address, Social Security Number, credit history, inquiries, collection records, and public record bankruptcy filings.

  Credit history
  A record of a person’s credit accounts and activities, including how the person has repaid credit obligations in the past.

  Credit report
  A detailed report of an individual’s credit history as stored in an individual’s credit file, prepared by a consumer reporting agency, and used by a lender when making credit decisions. Most credit reports include the person’s name, address, credit history, inquiries, collection records, and public record bankruptcy filings.

  Credit risk
  The likelihood that individuals will pay their credit obligations as agreed. Borrowers who are more likely to pay as agreed pose less risk to creditors and lenders.

  FICO^® Industry Score
  A type of FICO^® Score offered by all three U.S. consumer reporting agencies — Equifax, Experian, and TransUnion—and is used by some lenders to address specific types of lending products, such as auto loans or credit cards. FICO® Industry Scores range from 250 to 900.

  Score factors
  Score factors are the top areas that affected that consumer’s FICO^® Scores and are delivered with a consumer’s FICO^® Score. The order in which the score factors are listed is important. The first factor indicates the area that most affected the score, and the second factor is the next most significant influence. Addressing these factors can benefit the score.