There are too many personal finance accounts on your credit report.
There are too many personal finance accounts on your credit report. [TransUnion] Having too much available credit can sometimes harm your credit score. Lenders may feel that you have the ability to spend more than you could potentially pay back. You might want to consider closing a few accounts or asking to have your credit limits reduced. Avoid closing too many accounts - especially the oldest accounts on your credit report - because it could harm your credit score. Closing the oldest accounts can damage your score by making the length of your credit use appear shorter. ( I only have 8 accounts and two of them are my mortgage and 1 is my car.