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  1. Home
  2. Archived Blog
  3. February 2020

February 2020

Coronavirus and the Stock Market

Submitted by Bond & Devick Wealth Partners on February 27th, 2020

Coronavirus and the Stock Market

February 27, 2020

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The New FICO Score Calculation

Submitted by Bond & Devick Wealth Partners on February 5th, 2020

There have been recent changes to the FICO score calculation. FICO stands for Fair Isaac Co., which uses one of three credit reporting agencies (Equifax, Experian, or TransUnion) to create the FICO score. The FICO score is used by lenders to determine the ability of an individual to pay a loan back. The FICO score is used to apply for mortgage, car loans, among other debt instruments.

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