What Is a FICO® Score and Why Is It Important? | Experian Credit 101 Express



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Curious about what a FICO® Score is and why they have value? We’ll clue you in in this episode of Credit 101. FICO Scores are created by the Fair Isaac Corporation as a standardized measure for lenders to help determine the creditworthiness of applicants across a variety of industries and purposes.

Knowing your FICO Scores is valuable, as they’re often a source of information that’s consulted by the majority of lenders making credit decisions for mortgages, auto loans, credit cards, and more.

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