FICO definition

FICO means Fair Xxxxx & Co., or any successor thereto.
FICO means Fair Xxxxx & Co.
FICO means Fair Xxxxx Corporation and, where used in this Agreement, refers to the credit scoring system developed by that company or to any other Customer credit scoring system whose use by the Seller (for purposes of this Agreement and the Transactions) has been specifically approved in writing by the Agent.

Examples of FICO in a sentence

  • Field Compare Appraised Value CLTV Doc Level DTI* FICO First Payment Date Interest Rate Lien Position Loan Term LTV Note Date* Note Type Occupancy Original Balance P&I Payment Property City Property State Property Zip Purpose QM Type* *: Tape data was not available to compare.

  • This procedure was only performed for those Sample Timeshare Loans which had a FICO Score within the Database with the exception of Timeshare Loans that originated prior to July 2008 due to the Credit Agency Report not being available for such items.

  • Average Credit Score (all Adults) Risk Mitigation Admin Fee Security Deposit 650-850 None 1 time the monthly rent 550-649 $400 1.5 times the monthly rent 300-549 Will be declined Dealing with Multiple Applicants: A risk mitigation fee will be assessed based on the AVERAGE FICO score of all adults.

  • CREDIT REPORT The applicant must submit a credit report containing a credit score (FICO derived) from a nationally recognized credit reporting agency, which includes a public records statement that records have been checked at local, state, and federal levels.

  • Applicants who do not have a FICO score may be assigned a score of 500.


More Definitions of FICO

FICO means Fair Isaac & Co., or any successor thereto.
FICO means Fair Ixxxx & Co., or any successor thereto.
FICO. The credit score used for underwriting a Mortgage Loan.
FICO means a credit risk score for individuals calculated using the model developed by Fair, Xxxxx and Company. Any reference to a FICO score in a Facility Document shall mean the FICO score attributed to any Domestic Obligor at the time of sale of an interest in a Timeshare Property to such Domestic Obligor; provided that if there is more than one Domestic Obligor with respect to a Timeshare Loan, any reference to a FICO score in a Facility Document shall mean the FICO score attributed to, (i) if such Timeshare Loan was originated on or prior to November 30, 2005, either (A) the FICO score of the primary Domestic Obligor or (B) the average of the FICO Scores of the primary and secondary Domestic Obligor or (ii) if such Timeshare Loan was originated after November 30, 2005, the primary Domestic Obligor, in each case at the time of sale of an interest in a Timeshare Property to such Domestic Obligors.
FICO means the "delinquency predictor" model established by Fair Xxxxx Co. and shown on a credit report prepared by Equifax, Experian, Trans Union, or any other authorized national agency.
FICO means the credit score designated as such and derived from the credit model developed by the Fair Isaac Corporation and deployed at any Credit Reporting Agency.
FICO means Fair, Isaac, and Co., Inc., a developer of credit risk scores used by credit grantors in the lending process;