Contributor
poops
Posts: 76
Registered: ‎04-11-2007
Key Factor Affecting Score
[ Edited ]

What does the statement below mean? It was listed on my EQ report as a key factor affecting my credit score.

 

"The percentage of department store accounts or charge cards to all of the accounts in your credit file"

 

I did not know that having more dept score cards than conventional CC's was a bad thing. Maybe I should apply for 1-2 more credit cards...