Credit and Credit Scores: A short lesson

[PokerFox]

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Fox, I thought the agencies reported data but every credit institution uses its own variant of a FICO score using a credit agency's data to decide creditworthiness. Is this an accurate representation?

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Absolutely correct; each financial institution pulls from a different one of the 3 credit agencies, and has their own criteria for developing their 'credit score' but the FICO one is for all intents and purposes, close enough to what you can expect.