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FICO Score (noun) Definition, Meaning & Examples
FICO Score (noun) Definition, Meaning & Examples
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noun
Trademark
,
Finance
.
a type of
credit score
used by most banks and credit card issuers to assess an individual’s creditworthiness: FICO Scores range from a low of 300 to a high of 850, with 700 or higher generally considered a good credit score.
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