cancel
Showing results for 
Search instead for 
Did you mean: 

Anyone have a solution?

tag
UtahTiger
Valued Member

Anyone have a solution?

  1. You have too many credit accounts. NOT SURE WHAT I CAN DO ABOUT THIS......ANY IDEAS??????? I thought lots of old credit was good.

    Number of your credit accounts currently paid as agreed
    21 accounts
    FICO High Achievers  have an average of 6 accounts currently paid as agreed.

    Your FICO score takes into account the number of accounts (such as credit cards or installment loans) on your credit report. You have a large number of accounts. In general, people who have a large number of accounts pose more of a risk to lenders than people with a moderate number of accounts.

    What to do about this: Avoid opening more credit accounts at this time and as a general rule, if you don't need or plan to use credit, don't apply for it.

     


Starting Score: TU 630... EQ 630....EX FAKO 637
Current Score: TU 736... EQ 770....EX FACO 779
Goal Score: 760


Take the FICO Fitness Challenge
Message 1 of 2
1 REPLY 1
laz98
Senior Contributor

Re: Anyone have a solution?

i would ignore it.  if all your accounts are positive, you have nothing to worry about, because you are doing everything right.

Message 2 of 2
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.