fico

(redirected from FICO score)
Also found in: Financial.

fico

(ˈfiːkəʊ)
n, pl -coes
1. a worthless trifle
2. another word for fig17
[C16: from Italian: fig1]
References in periodicals archive ?
When you think about your credit score, Fair Isaac Corp.'s three-digit FICO score most likely comes to mind.
"Extending the FICO score family and tapping into a unique mix of nontraditional data sources enables us to deliver the same kind of highly predictive, objective risk evaluation that businesses have come to expect from FICO scores."
2018-2 is backed by collateral relatively consistent with recent pools, with a non-zero weighted average (WA) FICO score of 610 and internal WA loss forecast score (LFS) of 555.
VantageScore and FICO's alternative formula, FICO Score XD, also generate scores for people based on their histories paying noncredit accounts, such as telecommunications and cable bills.
FICO (NYSE: FICO) said it is opening up access to additional versions of the FICO score to consumers.
A FICO score of less than 580 is labeled as poor credit, and studies have shown that consumers with poor credit scores are more likely to become delinquent on an account.
Under the new rule, Fannie and Freddie will have to consider credit-score alternatives to Fair Isaac's (FICO) FICO score when determining a mortgage applicant's creditworthiness, Andrew Ackerman of the Wall Street Journal points out.
The 2018-C pool has a minimum FICO score of 650 in the pool's selection criteria, consistent with 2018-B and 2018-A.
Fair Isaac Corp., the company behind the widely used FICO score, announced Monday that it will begin testing a new type of credit score next year with credit reporting agency Experian and technology company Finicity.
A large portion of these people have no access to credit or if they do they are being mispriced in the market because their FICO score is outdated," Metcalf said.
Analytic software leader FICO has seen strong demand by telecommunications providers for the FICO Score to use in securitization.