Moderator Emeritus
Lel
Posts: 5,267
Registered: ‎03-18-2008
Re: Key Factor Affecting Score

poops wrote:

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...


Was this a reason code that came with the non-FICO score that you mentioned in your other recent thread?

 

http://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/Judgment/m-p/1153215/highlight/true#M5944...