FICO, originally Fair, Isaac and Company, is a data analytics company based in San Jose, California focused on credit rating services. It was founded by Bill Fair and Earl Isaac in 1956. Its FICO score, a measure of consumer credit risk, has become a fixture of consumer lending in the United States.
- 50% Amount Owed vs. Available Credit
- 25% Total Amount Owed
- 10% New Credit
- 10% Payment History
- 5 % Types of Credit Used