US housing loans are made on the basis of a FICO score (named after Fair Isaacs and Company) which seeks to quantify the creditworthiness of a potential borrower.

Name: US housing loans are made on the basis of a FICO score (named after Fair Isaacs and Company) which seeks to quantify the creditworthiness of a potential borrower.
Brand: Quizplus
Rating: 4.7 (49 reviews)

Question

Quizplus · Accepted Answer

The FICO score, developed by Fair Isaac Corporation, is widely used by lenders to assess the creditworthiness of borrowers in the US housing market.

US Housing Loans Are Made on the Basis of a FICO