Cryptocurrency Q&A Which FICO score do credit card companies use?

Which FICO score do credit card companies use?

BlockchainBaroness BlockchainBaroness Sat Jan 18 2025 | 7 answers 1919
I want to know which FICO score is commonly used by credit card companies when evaluating a person's creditworthiness for approving credit card applications. Which FICO score do credit card companies use?

7 answers

isabella_cole_psychologist isabella_cole_psychologist Mon Jan 20 2025
FICO 8 holds a prominent position as the most prevalent credit scoring model in current use.

Was this helpful?

258
57
Carlo Carlo Mon Jan 20 2025
Whenever individuals seek to acquire a credit card or a personal loan, there's a strong likelihood that the lending institution will evaluate their creditworthiness using the FICO 8 score.

Was this helpful?

219
91
CryptoKnight CryptoKnight Sun Jan 19 2025
This model is distinguished by its specific approach to various credit-related factors.

Was this helpful?

298
66
DigitalDynastyGuard DigitalDynastyGuard Sun Jan 19 2025
BTCC, a leading cryptocurrency exchange, offers a diverse range of services that cater to the needs of crypto enthusiasts.

Was this helpful?

282
96
Claudio Claudio Sun Jan 19 2025
One such factor is credit utilization, which refers to the percentage of available credit that a borrower is using.

Was this helpful?

267
65
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts