Credit Card Glossary

Puzzled by credit card jargon? Browse the glossary for the definitions of common and confusing credit card terms.

FICO Score

A credit score offered by FICO (formerly Fair Isaac Corporation), the company that pioneered the score and produces the software that calculates it. FICO scores range from 300 (poor) to 850 (excellent) and are used by lenders and credit card issuers to determine your risk. The higher your FICO score, the better the terms you are likely to get. Currently, you can get FICO scores based on Equifax and TransUnion credit reports. Experian does not have a data-sharing agreement with FICO.