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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65: No recently opened real estate secured loan

Explanation:

A real estate secured loan can be a first mortgage, a home equity loan, or a home equity line of credit. Your oldest real estate secured loan was opened too recently. A credit file containing older accounts will have a positive impact on your credit score because it demonstrates that you are experienced in managing credit.

What you can do:

Don’t open more accounts than you actually need. Research shows that new accounts indicate greater risk. Your score will benefit as your accounts get older.
 

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