Credit Score and FICO Score
Is FICO and credit score the same?
Basically both are referring the same things. Credit score is used as a broader form and FICO comes under credit score. The different agencies calculate the scores.
What does FICO stands for?
FICO stands for the Fair Isaac Corporation.
FICO mainly used in which country?
FICO widely used in the USA to calculate the credit score.
Difference between Credit Score and FICO Score
Credit scores and FICO scores are important terms in the financial department. Credit scores and FICO scores are used for the calculation of a person’s creditworthiness. These two terms are quite similar and are used interchangeably, but there are still a few differences between credit score and FICO.