FICO Credit Scores Typically Range from ______ with ______ and Higher

question 63

Multiple Choice

FICO credit scores typically range from ______ with ______ and higher generally considered to be a good score.

• A) 400 to 800; 650
• B) 200 to 700; 600
• C) 300 to 850; 700
• D) 250 to 750; 625

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Definitions:

Negotiation

The process of discussing and arriving at a mutual agreement between parties, often involving compromise or conciliation.

Depositary Bank

A financial institution that holds and manages securities for its clients, facilitating the trading of these securities.

Payor Bank

The bank that is directed by a check or draft to pay a certain amount of money to the person or entity named on the check.

On-Us Item

A banking term referring to a check or draft that is presented for payment by the same bank upon which it is drawn.