@Anonymous wrote:
Number of inquiries on credit bureau report
This one is easy, they're saying you have too many inquiries on your credit report. Meaning they think you have applied for credit or loans too many times.
Amount of non-mortgage account balances paid down in last 24 monhts
They are saying that the amount you have paid back on a loan bothers them. This could be an auto loan or student loan or some other type of loan that's not a mortgage loan. Lenders usually use this excuse when they think you haven't paid enough on a loan in a certain amount of time (i.e. you haven't paid the loan balance down enough).
Ration credit union balances to credit limits or original loans amounts
This I take to mean that the balances on either a credit union credit card or loan is too high compared to the original limit. (I could be wrong on this one, I'm just guessing).
Months since oldest credit card account opened
They are saying your oldest account on your credit reports is not old enough for their taste.
Good answers.
