In The Beginning

There are many different credit scoring models, but the one that is used by almost every lender nowadays is called FICO. Named after Fair Isaac Corporation, Bill Fair and Earl Isaac created the company in 1956 to grow their credit scoring method. The scoring system did not take off until the 90’s when it was turned into a computer program and mortgage lenders started implementing this program into their approval procedure. The FICO scoring method allowed lenders, both big and small, to make better and quicker lending decisions.

FICO and You

Because FICO dominates the lending world, this is where we will focus our efforts in repairing your credit. Other companies are hoping to squeeze their way into the credit scoring market, but none have been able to compete with FICO to this day. If there is one credit score you need to remember, it’s FICO.