fico Antonyms
No Synonyms and anytonyms found
Meaning of fico
fico (n.)
A fig; an insignificant trifle, no more than the snap of one's thumb; a sign of contempt made by the fingers, expressing. A fig for you.
fico Sentence Examples
- The FICO score, a widely used credit score in the United States, is calculated based on an individual's credit history.
- FICO scores range from 300 to 850, with higher scores indicating a lower risk of default.
- Lenders often use FICO scores to determine whether to approve a loan application and what interest rate to offer.
- FICO scores can also be used to determine eligibility for credit cards, insurance policies, and other financial products.
- There are several factors that can affect a person's FICO score, including payment history, outstanding debt, and length of credit history.
- Making payments on time, keeping debt levels low, and maintaining a long credit history can help improve a FICO score.
- FICO scores are updated regularly, typically every 30 to 45 days, and can fluctuate over time based on changes in a person's credit history.
- Consumers can obtain their FICO scores from various sources, including their credit card issuer, their bank, or online credit reporting services.
- It is important to monitor your FICO score regularly to ensure that it is accurate and to identify any factors that may be negatively affecting it.
- Taking steps to improve your FICO score can help you qualify for better interest rates, lower fees, and more favorable terms on financial products.
FAQs About the word fico
A fig; an insignificant trifle, no more than the snap of one's thumb; a sign of contempt made by the fingers, expressing. A fig for you.
No synonyms found.
No antonyms found.
The FICO score, a widely used credit score in the United States, is calculated based on an individual's credit history.
FICO scores range from 300 to 850, with higher scores indicating a lower risk of default.
Lenders often use FICO scores to determine whether to approve a loan application and what interest rate to offer.
FICO scores can also be used to determine eligibility for credit cards, insurance policies, and other financial products.
