What is a FICO score 8?
FICO® Score 8 is a little more forgiving of a one-time late payment than previous versions. “Late” generally means at least 30 days after the due date. Multiple late payments matter more. FICO® Score 8 may punish numerous late payments more severely than previous versions.
Is the FICO score 9 better for You?
The FICO Score 9 is even newer and possibly better for you depending on your circumstances. It was released in 2014 (five years after the FICO Score 8), partially as a response to how people were being unfairly penalized for medical billing practices.
What is a good FICO score range?
FICO scores range from 300 to 850. Here’s what those numbers mean, according to FICO. FICO Score 8 Vs. FICO Score 9 FICO is continually tweaking its models in an effort to make them better, and the FICO Score 8 is not the most recent version.