What is a FAKO Score?
When we think we are doing the right thing, many of us feel betrayed, cheated and at times embarrassed to learn that the credit scores we just bought from the three national credit reporting agencies are FAKO scores.
What is a FICO® Score?
The Fair Isaac Corporation, also known as FICO® , is the founder and the originator of credit scoring models that date back to the late 1950s that help businesses make smarter decisions when assessing risk. The FICO® score—an acronym formed from the company’s name, Fair Isaac Corporation—remains the gold standard to date. The FICO® score is used by 90 percent of all banks.
Our Newsletter
Not knowing and understanding our FICO® score can cost us thousands of dollars and force us to settle for less than what we really want. Sign up today for our FREE monthly newsletter and receive the most accurate and up-to-date information about credit scores and credit reports. You'll also gain access to our How To Booklets for FREE!