The FICO® Score is 25 years old in 2014. Introduced in 1989, it democratized access to credit by removing many of the barriers to fair lending. For the first time, lenders could assess someone’s creditworthiness scientifically and objectively.
Over the last 25 years, the FICO® Score has adapted to remaining the most predictive consumer credit score in a rapidly changing economic landscape. Through boom times and bust, the FICO® Score has continued to be the credit score that lenders turn to year after year. Born in the USA, the FICO score is now international.