A FICO score is the best-known and most widely used credit score model distributed by the three largest national credit repositories in the in the United States.
FICO scores consider a wide range of information on your credit report. However, they do not consider:
- Your race, color, religion, national origin, sex and marital status.
- Your age.
- Your salary, occupation, title, employer, date employed or employment history.
- Where you live.
- Any interest rate being charged on a particular credit card or other account.
- Any items reported as child/family support obligations or rental agreements.
- Certain types of inquiries (requests for your credit report).
- Any information not found in your credit report.
- Any information that is not proven to be predictive of fu
- Whether or not you are participating in a credit counseling of any kind.
US law prohibits credit scoring from considering these facts, as well as any receipt of public assistance, or the exercise of any consumer right under the Consumer Credit Protection Act.
Other types of scores may consider your age, but FICO scores don’t.
Lenders may consider this information, however, as may other types of scores.
The score does not count “consumer-initiated” inquiries – requests you have made for your credit report, in order to check it. It also does not count “promotional inquiries” – requests made by lenders in order to make you a “pre-approved” credit offer – or “administrative inquiries” – requests made by lenders to review your account with them. Requests that are marked as coming from employers are not counted either.
ture credit performance.
