Cryptocurrency Q&A
What does FICO stand for?
What does FICO stand for?
TaekwondoMasterStrength
Thu Jan 23 2025
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7
answers
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FICO is an abbreviation that has different meanings in different contexts. In the financial industry, FICO typically refers to the credit score developed by Fair Isaac Corporation, which is used to assess an individual's credit risk. In the context of enterprise management software, specifically SAP, FICO represents the financial module, encompassing both Financial Accounting (FI) and Controlling (CO) for financial management and accounting records.
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7 answers
DondaejiDelight
Sat Jan 25 2025
FICO stands for Fair Isaac Corporation, a renowned company in the financial industry.
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Riccardo
Fri Jan 24 2025
By using a FICO score, lenders can assess whether a person is eligible for various financial products.
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KatanaBladed
Fri Jan 24 2025
These include credit cards, mortgages, and other types of loans.
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SumoStrength
Fri Jan 24 2025
Alongside its other operations, Fair Isaac Corporation developed a credit scoring model.
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DondaejiDelightfulCharm
Fri Jan 24 2025
This model, also named FICO, has become a widely recognized standard in the lending sector.
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