The FICO score has a range of 300 to 900 points and was developed by the fair lsaac corp to take into account the various financial information such as your credit status, current and past as well as your loans etc.

The FICO score is used to determine your credit worthiness. So what is a good FICO score? A good FICO score is usually above 750. However, it does not mean you will get approved whenever you apply a credit card or take a loan.

Different banks and financial institutions have different criteria when gauging the credit worthiness and FICO is just one of those criteria. Nevertheless, a good FICO score can get you into the favorable books of banks. Click here to know more about what is a good FICO score.

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