EPISODE · Feb 7, 2020 · 9 MIN
ELI5 Credit Scores - why do FICO scores end at 850?
from ELI5 Explain Like I'm 5: Bite sized answers to stuff you should know about - in a mini podcast · host ELI5 Explain Like I'm Five Podcast
What was the recent algorithm change that is affecting everyone's credit scores? Why do FICO scores start at 300 and end at 850? What factors affect my credit score? ... We explain like i'm five! Thank you to Empower, the sponsor of today's episode. For more info about Empower, visit: empower.me/ELI5 Help more people fund us by leaving a rating on iTunes. Thank you to the r/explainlikeimfive community as always and in particular the following users whose questions and comments formed the basis of this discussion: snowydew, acreditguru, less_is_happiness, chuyskywalker, aeyln & sonobomb. To the ELI5 community that has supported us so far, thanks for all your feedback and comments. Join us on Twitter: https://www.twitter.com/eli5ThePodcast/ or send us an e-mail: [email protected]
What this episode covers
What was the recent algorithm change that is affecting everyone's credit scores? Why do FICO scores start at 300 and end at 850? What factors affect my credit score? ... We explain like i'm five! Thank you to Empower, the sponsor of today's episode. For more info about Empower, visit: empower.me/ELI5 Help more people fund us by leaving a rating on iTunes. Thank you to the r/explainlikeimfive community as always and in particular the following users whose questions and comments formed the basis of this discussion: snowydew, acreditguru, less_is_happiness, chuyskywalker, aeyln & sonobomb. To the ELI5 community that has supported us so far, thanks for all your feedback and comments. Join us on Twitter: https://www.twitter.com/eli5ThePodcast/ or send us an e-mail: [email protected]
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ELI5 Credit Scores - why do FICO scores end at 850?
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