90% of top U.S. lenders use FICO^® Scores when making lending decisions

When you apply for credit—whether it's for a credit card, car loan, mortgage or other type of credit—lenders will want to know your credit risk. That is, they'll want to know how likely you are to pay back your credit obligations as agreed. To help them understand your credit risk, lenders use FICO Scores.

FICO Scores help lenders quickly, consistently and objectively evaluate potential borrowers' credit risk. So when you apply for credit or a loan, there’s a very good chance your lender will use your FICO Scores to help them decide whether to approve you, and what terms and rates you qualify for.

Different lenders use different versions of FICO^®Scores

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