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Your FICO score is the same as your credit score. It varies between 300 -850, the higher the FICO score, the better. This means that increasing your FICO score financial reputation will be less risky for banks, making you more likely to reduce interest on your loan. This assessment is usually used when a client asks a bank and a mortgage. After a higher rating can raise the rates and conditions of your loan. Read the rest of this entry »