Chad Langager is a co-founder of Second Summit Ventures. He started as an intern at Investopedia.com, eventually leaving for the startup scene. Erika Rasure is globally-recognized as a leading ...
Fact checked by Betsy Petrick Key Takeaways No two credit scores are the same, even if they belong to the same person. That's because the financial industry uses different scoring models for different ...
As you get familiar with your credit, you’ll quickly realize multiple types of scores exist. Although both FICO scores and credit scores exist, understanding which one lenders use can be helpful.
Brooklyn Sprunger is a full-time Content Manager and Personal Finance Writer at Motley Fool Money, where she oversees product reviews and ratings while also writing about credit cards, bank accounts, ...
Credit scores existed for decades before 1989. What changed that year was the introduction of the FICO score, the first generic credit scoring system. Previously, lenders developed and used their own ...