Experian is no more reliable than FICO as both Experian and FICO are just as reliable.
The FICO score that is the most accurate is FICO Score 8 which is the most commonly used FICO score.
The primary credit scoring models are FICO and VantageScore, and both are equally accurate.
And while both are accurate, most lenders are looking at your FICO score when you apply for a loan.
A FICO scores is a specific type of score that lenders can use when making borrowing decisions.
The FICO credit scoring system is the most widely used credit score.
FICO Scores are a 3-digit number (300-850) based on your credit reports.
FICO Scores are calculated using many different pieces of credit data in your credit report.
This data is grouped into five categories which include payment history (35%), amounts owed (30%), length of credit history (15%), new credit (10%) and credit mix (10%).
You can check your FICO Score for free by accessing your credit report from one of the major credit bureaus (Equifax, Experian, or TransUnion) once per year.
A good FICO score is 670 to 739 and above.
A FICO score of between 580 to 669 is fair.
A FICO score of between 740 to 799 is very good.
And a FICO score of 800 and above is Exceptional.
FICO, originally Fair, Isaac and Company, is a data analytics company based in Bozeman, Montana, focused on credit scoring services.
FICO was founded by Bill Fair and Earl Isaac in 1956.
It's FICO score, a measure of consumer credit risk, has become a fixture of consumer lending in the United States.