Final answer:
A FICO score between 300 and 579 indicates a poor credit risk area.
Step-by-step explanation:
In the context of credit scores, a FICO score is a measure of a person's creditworthiness. If your FICO score falls between 300 and 579, you are considered to be in the poor credit risk area. This means lenders may view you as a high-risk borrower and may charge higher interest rates or be reluctant to lend to you.
For example, if your FICO score is 550, it falls within the poor credit risk area. This score indicates a low credit score, which may be the result of late payments, high credit card balances, or other factors that indicate a higher risk of defaulting on loans.
It's important to note that credit scores can vary slightly depending on the credit bureau and scoring model used, but the general range for poor credit risk remains consistent.