We’re proud to announce that we’ve upgraded our Experian credit reports to include FICO® Score 9! FICO® Score 9 is now available for all CIC™ Experian credit report users. With the switch from FICO® Score 8 to 9, you’ll want to be aware that there will be a few changes to how your rental applicant’s credit scores will be calculated.
According to the Fair Isaac Corporation®, in the 1950’s, Bill Fair and Earl Isaac founded the company, which introduced a new concept of credit scoring to credit grantors. In 1981, FICO® introduced the first credit bureau risk score. Today, the predictive analytics company works with businesses in more than 80 countries to determine creditworthiness.