You may have heard that your credit score is important, but what is a FICO score? FICO is short for Fair Isaac and Co. The Fair Isaac Company developed custom software back in the 1980s that helped other companies determine a credit risk based on a number derived from a person’s credit history. This number soon became a standard that was adopted by the three main credit bureaus: Experian, TransUnion, and Equifax. The FICO score ranges between 300 and 850.

If your credit score is suffering, there are things you can do to help improve your score. While there’s no silver bullet that can give you a good score overnight, just a few changes in your behavior can go a long way in improving it. Learn more about your credit score today.

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