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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45: Not enough balance paid down over time on retail accounts

Explanation:

A retail account is a bankcard issued by a retailer. The amount that has been paid down on your open retail accounts is low. People who haven’t paid down much of their retail account balances are higher credit risk than people who have.

What you can do:

Whenever possible, pay down balances on your retail accounts. Over time this will have a positive impact on your score.
 

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