|
Reason and Amount of Deduction |
Experian
|
Trans
Union
|
Equifax
|
|
Amount owed on accounts is too high |
1
|
1
|
1
|
|
Delinquency on Accounts |
2
|
2
|
2
|
|
Too few bank revolving accounts |
3
|
N/A
|
3
|
|
Too many bank or national revolving accounts |
4
|
N/A
|
4
|
|
Too many accounts with balances |
5
|
5
|
5
|
|
Consumer finance accounts |
6
|
6
|
6
|
|
Account payment history too new to rate |
7
|
7
|
7
|
|
Too many recent inquiries last 12 months |
8
|
8
|
8
|
|
Too many accounts opened in last 12 months |
9
|
9
|
9
|
|
Proportion of balances to credit limit too high
|
10
|
10
|
10
|
|
Amount owed on revolving accounts is too high |
11
|
11
|
11
|
|
Length of revolving credit history is too short
|
12
|
12
|
12
|
|
Time since delinquent is too recent or unknown |
13
|
13
|
13
|
|
Length of credit history is too short |
14
|
14
|
14
|
|
Lack of recent bank revolving information |
15
|
15
|
15
|
|
Lack of recent revolving account information |
16
|
16
|
16
|
|
No recent non-mortgage balance information |
17
|
17
|
17
|
|
Number of accounts with delinquency |
18
|
18
|
18
|
|
Too few accounts currently paid as agreed |
19
|
27
|
19
|
|
Time since derogatory public record or collection
|
20
|
20
|
20
|
|
Amount past due on accounts |
21
|
21
|
21
|
|
Serious delinquent or derogatory public record or
collection |
22
|
22
|
22
|
|
Too many bank or national revolving accts with balances
|
N/A
|
N/A
|
23
|
|
No recent revolving balances |
24
|
24
|
24
|
|
Proportion of loan balance to loan amounts too high
|
33
|
3
|
33
|
|
Lack of recent installment loan information |
32
|
4
|
32
|
|
Date of last inquiry too recent |
N/A
|
19
|
N/A
|
|
Time since last account opening too short |
30
|
30
|
30
|
|
Number of revolving accounts |
26
|
N/A
|
26
|
|
Number of bank revolving or revolving accounts |
N/A
|
26
|
N/A
|
|
Number of established accounts |
28
|
28
|
28
|
|
No recent bankcard balances |
N/A
|
29
|
N/A
|
|
Too few accounts with recent payment information
|
31
|
N/A
|
31
|
| |
*Please Note that many factors are
included.
This is only a part of the over-all scoring methods.
|
| The
following chart outlines standard reasons and specific
deductions to a FICO score. Chart accurate as of
2/04 |
