Fair Isaac (FICO) Occupies a Dominant Position in Credit Scoring
The renowned FICO score effectively determines a citizen's propensity to repay a piece of debt. This is achieved by analysing the person's underlying credit report, which is maintained by the principal credit reporting agencies in the United States. Fair Isaac does not aggregate underlying credit data, rather it derives analytical insights from an array of data to formulate a credit scorecard. The company has been the market leader since its inception 28 years ago. The company has many attractive characteristics: high, stable returns