MLchartDataset catalogue

FICO

Term · Law · MLC-T-LAW-002102

A credit scoring system developed by the Fair Isaac Corporation, used by lenders to assess an applicant's creditworthiness. FICO scores range from 300 to 850, with higher scores indicating lower credit risk. Factors influencing the score include payment history, amounts owed, length of credit history, new credit, and credit mix.

Table 1. Record
IdentifierMLC-T-LAW-002102
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-002102",
  "term": "FICO",
  "field": "Law",
  "definition": "A credit scoring system developed by the Fair Isaac Corporation, used by lenders to assess an applicant's creditworthiness. FICO scores range from 300 to 850, with higher scores indicating lower credit risk. Factors influencing the score include payment history, amounts owed, length of credit history, new credit, and credit mix.",
  "url": "https://mlchart.com/terminology/law/fico/"
}

Record 2,007 of 5,441 in Law terminology (MLC-0107). Request the full dataset.