Your VantageScore reason code report

Continue to enter your reason codes, one at a time, in the search field in order to generate a list of printable explanations below.

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P29: Few or none of your open bankcard or revolving accounts has a balance

Explanation:

Bankcard accounts include credit cards and charge cards from a bank and are frequently revolving accounts. Revolving accounts allow you to carry a balance and your monthly payment will vary, based on the amount of your balance. Keeping low balances can improve your score. The balances on your bankcard and revolving accounts are low.

What you can do:

Keep low balances on your accounts; this will benefit your score.
 

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