what is fico score of 8
While all FICO Â® Score versions consider high credit card utilization to be reflective of higher risk, FICO Â® Score 8 is more sensitive to highly utilized credit cards. So if a credit report shows a high balance close to the card's limit, FICO Â® Score 8 will likely be more impacted than a previous score version.s a result, there are lenders currently using different FICO Â® Score versions. As an analogy, it is similar to how people or businesses are on different versions of Microsoft Windows or have different generations of a smart phone.