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FICO Credit Score for Mortgages

Understanding FICO Credit Scores - The FICO score concept was introduced by the Fair Isaac Corporation in 1989 in order to rate a person's credit worthiness. FICO scores fall between 300 and 850. Any score below 600 indicates a possible bad credit risk, while a 700 and above 700 is considered good credit worthiness. - FICO Credit Scores

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