How Your FICO Credit Score Is Created episode artwork

EPISODE · Apr 7, 2021 · 54 MIN

How Your FICO Credit Score Is Created

from The School of Wealth · host Rondi Lambeth

Your FICO credit score somehow predicts your likelihood to pay debts and represents your overall creditworthiness. Anyone can go online right now and visit a website that can calculate this for you. But doing so will reveal a slight dilemma: why does your score vary from one website to another? Which one is the most accurate? How can you tell if your score is good for you or not? Rondi Lambeth explains on a recent Facebook live how FICO credit scores are created. He dives deep into the five areas of the FICO pie chart, discussing how to properly manage your credit cards and deal with your negative payment history.  

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How Your FICO Credit Score Is Created

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This episode was published on April 7, 2021.

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Your FICO credit score somehow predicts your likelihood to pay debts and represents your overall creditworthiness. Anyone can go online right now and visit a website that can calculate this for you. But doing so will reveal a slight dilemma: why...

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