• Yes and no. The FICO score is the standard in lending. Most people refer to the FICO score as a credit score. A person would have 3 FICO scores, one for each bureau. The bureaus and even outside companies have developed their own algorithms and call these credit scores. A common one is the "VantageScore" which ranges from 501-990, whereas the FICO score ranges from 300-850. Some will refer to a non-FICO score as a "FAKO" or "fake credit score". This is because it varies so widely from the Fair Isaac score. FICO scores can vary from bureau to bureau, even if the exact same information is contained within the credit report. (More often, though, the difference is caused by a creditor no reporting to one or more bureaus.) Remember, unless it says FICO, it is more often than not a "FAKO" score. is where you can purchase your FICO score and credit report. For a free credit report, the government's site is and you're entitled to one from each bureau, for a total of 3, each year. The credit bureaus will try to sell you their own "score", so I wouldn't bother with them.)
  • "Credit score is a number based on a statistical analysis of a person's credit files, that represents the creditworthiness of that person, which is the likelihood that the person will pay their bills. A credit score is primarily based on credit report information, typically from one of the three major credit bureaus: Experian, TransUnion, and Equifax. There are different methods of calculating credit scores. FICO, the most widely known type of credit score, is a credit score developed by Fair Isaac Corporation. It is used by many mortgage lenders that use a risk-based system to determine the possibility that the borrower may default on financial obligations to the mortgage lender. The credit bureaus all have their own credit scores: Equifax's ScorePower, Experian's PLUS score, and TransUnion's credit score, and each also sells the VantageScore credit score. In addition, many large lenders, including the major credit card issuers, have developed their own proprietary scoring models. The FICO credit score ranges between 300 and 850. The VantageScore score ranges from 501-990. Source:"
  • not that i know of

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