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Monday, June 29, 2009

FICO Score

FICO scores, a measure of credit risk, which are the most used credit scores in the world. FICO scores are available through all of the major consumer reporting agencies in the United States and Canada: Equifax; Experian; TransUnion; and PRBC.[1] FICO is a registered trademark of Fair Isaac Corporation.
FICO is based in Minneapolis, Minnesota, United States. The company has offices in North America, South America, Europe, Australia and Asia. The company employs about 2,200 people (as of 2009) and earned revenue of about US$800 million in 2005.
FICO's client list covers more than 1,400 financial-service providers, including 99 of the top 100 US banks and 49 of the top 50 global banks.[citation needed] More than 200 retailers, including nine of the top 10 retail card issuers in the US[citation needed] use FICO retail management software. FICO serves more than 100 telecommunications providers worldwide, including the top 10 US wireless providers and six of the world's top 10 telecommunications service providers.

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