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

• The ranges below should be used for loans for which FICO was either the original credit score used at origination or the commercially available credit bureau score to which an internal credit score was mapped.

• Original commercially available credit bureau score or equivalent –Segment the portfolio by the credit score of the borrower at origination using a commercially available credit bureau score (e.g. FICO Score, VantageScore, or another qualifying credit score).

• Borrower Qualification Numeric – Integer 720 9999 If a FICO score was obtained >= 350 and <= 850 81 Primary Wage Earner Original FICO: Experian Experian FICO score for primary borrower (if applicable).

• Borrower Qualification Numeric – Integer 720 9999 If a FICO score was obtained >= 350 and <= 850 82 Primary Wage Earner Original FICO: TransUnion TransUnion FICO score for primary borrower (if applicable).

• Borrower Qualification Numeric – Integer 1 99 If a FICO score was obtained See Coding 1 = Classic 2 = Classic 08 3 = Next Generation 99 = Unknown 79 Most Recent FICO Date Specifies the date on which the most recent FICO score was obtained Borrower Qualification Date 20090914 YYYYMMDD If a FICO score was obtained “19010101” if unknown Issuers unable to Provide may Rep and Warrant that the FICO score used for underwriting was not more than 4 months old at the date of issuance.

More Definitions of FICO

FICO means Fair Isaac & Co., or any successor thereto.

FICO means Fair Ixxxx & Co., or any successor thereto.

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. The credit score used for underwriting a Mortgage Loan.

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 Fair, Isaac, and Co., Inc., a developer of credit risk scores used by credit grantors in the lending process;

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.