The difference is Nothing. They are both the same. Except FICO stands for Fair Isaac Credit Organization. But Credit Score is the generic term for, well “Credit Score”.
A credit report contains information on where a person works and lives, how they pay their bills, and whether they’ve been sued, arrested, or filed for bankruptcy. The Consumer Reporting Agencies gather this information and sell it to creditors, employers, insurers, and others for purposes of profiling each individual who has a Credit Report with their Credit Score. The most common type of Consumer Reporting Agency is the credit bureau.
Your credit report is based on the bills and payments you have missed or been late paying, loans that you have paid off, plus your current amount of debt.
Credit reporting is a system lenders use to decide whether or not to give you credit or a loan and how much interest they can charge you for it.
By monitoring daily or monthly activities is something unheard of by most people. It’s because staying in the dark is what the default option generally is. But if you want the light to shine, you might as well “just do it” and start monitoring your credit report so you know what is going on when you least expect that changes in your credit report will fluctuate your credit score in a fashion that is potentially cyclical every month. Now, what will you do to make it worthwhile your effort?