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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93: Not enough balance paid down over time on first mortgage accounts

Explanation:

The amount that has been paid down on your open first mortgage loans is low. People who haven’t paid down much of their first mortgage balances are higher credit risk than people who have.

What you can do:

As monthly first mortgage loan payments are made, a portion of the outstanding principal balance is reduced, benefitting your score. Whenever possible, pay down balances on your first mortgage loans. Over time this will have a positive impact on your score.
 

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