A FICO score:
A) Is a common credit rating system
B) Is only issued through banks
C) Is a type of credit report
D) None of the above

Question

Quizplus · Accepted Answer

A FICO score is a commonly used credit rating system that measures an individual's creditworthiness based on their credit history. It is used by banks, credit card companies, and other lenders to determine whether or not to approve a loan or line of credit.

A FICO Score