Weekly News

 

August 9, 2008

8/9/2008 12:00:00 AM

Fair, Isaac and Co. (FICO) is based out of San Rafael, California.  It was founded in 1956 by Bill Fair and Earl Isaac.  These two gentlemen pioneered the field of credit scoring for financial companies.  They have since expanded their enterprise to cover analysis, decision systems and consulting.  Every credit agency and most lenders calculate your credit score using software from FICO or in house software based on the FICO rating system.


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