How to Obtain the FICO Score Lenders Use

FICO scores, named for the Fair Isaac Corporation that developed it, are the credit scores most lenders use to ascertain your suitability for credit cards, auto loans and home loans. Your FICO score also affects the rate of interest payable on a loan. The higher your FICO score, the lower the interest rate. FICO credit scoring is used by the three credit reporting bureaus: Equifax, Experian and TransUnion. Getting your FICO score can allow you to monitor changes as you find ways to help improve it.

Instructions

1

Apply online to get your FICO score. Its fast and can be viewed instantly. Go to the myFICO website (see Resources). Click on Buy Now. You can get your FICO score from Equifax, TransUnion or both. FICO scores may be different for each agency. Select which one you want, or select both. It costs $15.95 for or $31.90 for both. Click "Continue."

2

Click Create account." Enter your details accurately in the application form. Create your login and password. Pick your secret question.

3

Click Continue. Review your application details. Check for errors. Click Continue. Enter your payment card details and click Submit. Your application, payment details and identity will be verified before you can get your FICO score.

4

Click Continue and wait for Application Successful to appear. Click View my score. Enter your login and password details. View your FICO score instantly.