For those who want know their credit score, using the internet is easy and fast and you will be provided with the clear printout of the credit rating as soon as 10 minutes.
FICO is the abbreviation of the Fair Isaac Corporation and it ranges from 300 to 850.
It is a very important piece of information as it is used by different banks, credit card companies, lenders and other relevant companies to indicate the financial responsibilities you have and how you handle them.
These companies use the information to determine whether you are eligible for a loan, a credit card, a camper van or an apartment.
It is therefore important to have a good credit score as this will make your life better.
The main aim of getting the FICO score is to determine if your score is good, not so good, okay or bad.
If you have a score of 750 and above, you will be in a position to get the best interest rates and terms in what you are applying for.
Scores between 700 and749 and between 650 and 699 is OK and you will be presented with acceptable and fair loans and interest rates.
Scores that are under 650 is considered bad in 2011 and some you will get higher interest rates in some of you applications that are approved while others will be rejected.
To get you FICO score online for free, you should check out the websites of the different agencies.
It is important that you ensure that the agency selected is approved by Better Business Bureau by visiting the BBB site to get the rating of that agency.
Apart from finding out your FICO score, you will benefit from other types of services such as monitoring of credit and theft protection but you may have to pay extra for them.
Remember that they are optional and are not associated with your free FICO score.