A FICO® score is a particular brand of credit score that helps lenders determine how likely you are to pay back a loan. There are multiple versions of the FICO score, and each weighs the information in your report slightly differently. Certain FICO score versions may be used by Fannie Mae, Freddie Mac, or others to help determine eligibility of home lending.
A credit score is a number that is used to predict how likely you are to pay back a loan on time. Credit scores are used by companies to make decisions such as whether to offer you a mortgage or a credit card. They are also used to determine the interest rate you receive on a loan or credit card, and the credit limit. Learn more about credit scores.
