Reason code/statement concordance chart

[iv]

As with several other CMSes, the text of Reason Codes on myfico.com is, by default, a "User Friendly" description, rather than the underlying more specific numeric scoring code and description.

This "friendly" re-phrasing of the reason statements makes them not easily comparable to the reasons in published lists (or provided by lenders).

As such, it seems useful to create a concordance chart, listing both the text you would see in a FICO publication (or on a lender's letter), next to the equivalent "friendly" statement from myFICO.

The chart below has the published phrasing on the left, and on the right is the reason code number, CRA(s) and score types (Classic vs Industry), along with a currently-incomplete list of the myFICO phrasing for each reason code/statement.

(Note that a few numeric codes actually have different meanings between different CRAs and Industry options!)

Want to help add the missing reason statements? See the next post...

(All) - Code applies to all CRAs, both Classic and Industry options (Auto/Bankcard)

(All-I) - Code applies to all CRAs, Industry options ONLY

(EQ/TU/EX) - Code applies only to the listed CRA, Classic and Industry options

(EQ-I/TU-I/EX-I) - Code applies only to the listed CRA, Industry options ONLY

Negative myFICO "Score Factors"/Reason Statements:

FICO Reason Statement (as-published)	myFICO (short)	myFICO Score Factor/Reason Statement (long)
Amount owed on accounts is too high	High account balances	Code: 01 (All) - The balances on your non-mortgage credit accounts are too high.
Level of delinquency on accounts	Missed payments	Code: 02 (All) - You have missed payments or derogatory indicators on your credit accounts.
Too few bank/national revolving accounts		Code: 03 (EQ/EX) -
Proportion of loan balances to loan amounts is too high		Code: 03 (TU) -
Too many bank/national revolving accounts		Code: 04 (EQ/EX) -
Lack of recent installment loan information		Code: 04 (TU) -
Too many accounts with balances	Accounts with balances	Code: 05 (All) - You have too many credit accounts with balances.
Too many consumer finance company accounts	Consumer finance accounts	Code: 06 (All) - You have a consumer finance account on your credit report.
Account payment history is too new to rate		Code: 07 (All) -
Too many inquiries last 12 months	Seeking credit	Code: 08 (All) - You've recently been looking for credit.
Too many accounts recently opened	Many new accounts	Code: 09 (All) - You've recently opened too many new credit accounts.
Proportion of balances to credit limits on bank/national revolving or other revolving accounts is too high	High credit usage	Code: 10 (EQ/TU) - You've made heavy use of your available revolving credit.
Ratio of balance to limit on bank revolving or other rev accts too high	High credit usage	Code: 10 (EX) - You've made heavy use of your available revolving credit.
Amount owed on revolving accounts is too high	High revolving balances	Code: 11 (All) - The amount owed on your revolving and/or open-ended accounts is too high.
Length of time revolving accounts have been established	Short revolving history	Code: 12 (All) - You have not established a long revolving and/or open-ended account credit history.
Time since delinquency is too recent or unknown	Recent missed payment	Code: 13 (All) - You recently missed a payment or had a derogatory indicator reported on your credit report.
Length of time accounts have been established	Short account history	Code: 14 (All) - You have a short credit history.
Lack of recent bank/national revolving information	No credit card activity	Code: 15 (All) - There is no recent activity on credit cards and/or bank-issued open-ended accounts.
Lack of recent revolving account information		Code: 16 (All) -
No recent non-mortgage balance information	No account activity	Code: 17 (All) - There is no recently reported activity on any of your non-mortgage credit accounts.
Number of accounts with delinquency	Bad payment history	Code: 18 (All) - You have one or more accounts showing payments or derogatory indicators.
Too few accounts currently paid as agreed		Code: 19 (EQ/EX) -
Date of last inquiry too recent		Code: 19 (TU) -
Time since derogatory public record or collection is too short		Code: 20 (All) -
Amount past due on accounts		Code: 21 (All) -
Number of bank/national revolving accounts with balances	Credit cards with balances	Code: 23 (EQ) - You have too many credit cards and/or open-ended accounts carrying balances.
No recent revolving balances	Not using revolving credit	Code: 24 (All) - There are no recent balances on your revolving and/or open-ended accounts.
Length of time installment loans have been established	Short loan history	Code: 25 (EQ-I/EX-I)- You have not established a long installment credit history.
Number of revolving accounts		Code: 26 (EQ-I/EX-I) -
Number of bank/national revolving or other revolving accounts	Number of revolving accounts	Code: 26 (TU-I) - You have too few or too many revolving and/or open-ended accounts.
Too few accounts currently paid as agreed		Code: 27 (TU) -
Number of established accounts	Number of credit accounts	Code: 28 (EX-I) - You have too few or too many credit accounts.
Number of established accounts	Number of credit accounts	Code: 28 (EQ/TU) - You have too few or too many credit accounts.
No recent bank/national revolving balances	Not using credit cards	Code: 29 (TU) - There are no recent balances on your credit cards and/or open-ended accounts.
Time since most recent account opening is too short	New account	Code: 30 (All) - You opened a new credit account relatively recently.
Too few accounts with recent payment information		Code: 31 (EX-I) -
Amount owed on delinquent accounts		Code: 31 (TU-I*) -
Too few accounts with recent payment information		Code: 31 (EQ) -
Lack of recent installment loan information	No loan activity	Code: 32 (EQ/TU/EX) - You have a lack of recent activity from a non-mortgage installment loan.
Proportion of loan balances to loan amounts is too high	Loan balances	Code: 33 (EQ/EX) - The remaining balance on your mortgage or non-mortgage installment loans is relatively high.
Proportion of loan balances to loan amounts is too high	Loan balances	Code: 33 (TU) - The remaining balance on your mortgage or non-mortgage installment loans is relatively high.
Amount owed on delinquent accounts		Code: 34 (EX-I) -
Amount owed on delinquent accounts		Code: 34 (EQ) -
Length of time open installment loans have been established	Short loan history	Code: 36 (EX-I) - Your open installment loans do not show a long credit history.
Number of finance co accts established relative to length of finance hist		Code: 37 (EX-I) -
Serious delinquency, and public record or collection filed		Code: 38 (All) -
Serious delinquency		Code: 39 (All) -
Derogatory public record or collection filed		Code: 40 (All) -
Payments due on accounts		Code: 46 (EX) -
Lack of recent auto loan information		Code: 97 (TU-I) -
Lack of recent auto finance loan information	No auto loan activity	Code: 98 (EQ-I) - You have no recent activity from an auto loan.
Lack of recent auto finance loan information	No auto loan activity	Code: 98 (TU-I) - You have no recent activity from an auto loan.
Lack of recent auto loan information	No auto loan activity	Code: 98 (EX-I) - You have no recent activity from an auto loan.
Length of time consumer finance company loans have been established		Code: 98 (TU) -
Lack of recent consumer finance company account information		Code: 99 (All-I) -

Positive myFICO "Score Factors"/Reason Statements:

myFICO (short)	myFICO Score Factor/Reason Statement (long)
No missed payments	Code: 502 - You have no missed payments on your credit accounts.
Few accounts with balances	Code: 505 - You have a limited number of credit accounts with a balance.
Not seeking credit	Code: 508 - You're not actively looking for credit.
Low revolving credit usage	Code: 510 - You've limited the use of your available revolving credit.
Long revolving history	Code: 512 - You have an established revolving and/or open-ended account credit history.
Bills paid on time recently	Code: 513 - You've recently been paying your bills on time.
Long credit history	Code: 514 - You have an established credit history.
Recent credit card usage	Code: 515 - You've shown recent use of credit cards and/or bank-issued open-ended accounts.
Recent revolving account usage	Code: 516 - You've shown recent use of revolving and/or open-ended accounts.
Many accounts paid on time	Code: 519 - You have a sufficient number of accounts that are currently paid as agreed.
Substantial installment loan repayment	Code: 533 - Your balances on mortgage and/or non-mortgage installment loans are relatively low or substantially paid off.
No collection or public record	Code: 540 - You have no public records or collections on your credit report.

myFICO Resilience Index "Red Flags"/Reason Statements:

myFICO (short)	myFICO Red Flag/Reason Statement (long)
High installment loan amounts due	Code: 113 - The amount due on your installment loans is high.
High percent of revolving accounts	Code: 116 - You have a high proportion of revolving accounts.

List updated 2021-06-06

(with additional text from @Curious_George2 and @Anonymous )

Added Positive codes, found alternate TU versions of code 33 and 98 (matching EQ/EX, but not matching published code tables).

Added "short-form" myFICO "Score Factors"/Reason Statements.

Corrected typo on code 514, added code 29

Added Resilience short/long/numeric table

Added 26,32,505, found alternate TU version of code 32 (matching EQ/EX)

Added short version for 2,6,13,18, added code 513

[iv]

To see the numeric reason codes along-side the myFICO "friendly" reason statements, use the "Extended Reason Codes" browser extension:

For Chrome, Edge, Opera, or other Chromium-based browsers that use CWS (including Kiwi Browser on Android):
https://chrome.google.com/webstore/detail/extended-reason-codes/nngnienpffkahlfkbeeccfnhfohniidg

For Firefox, or Mozilla-ish browsers that use AMO:
https://addons.mozilla.org/en-US/firefox/addon/extended-reason-codes/

Add the extension, then take a look at Reports->Scores. As of version 0.2.3, Print View will also generate a downloadable CSV with complete data for ALL available reports. As of version 0.4.1, Reports->Scores->Compare will display the correct Reason Code ORDER (replacing the checkmarks with 1-4). As of version 0.5.2, Resilience Score Reasons Codes are also displayed, as are numeric FICO 8 Score Ingredients.

If you are using an iPhone or iPad, or Chrome mobile (no extension support), you can use the following bookmarklet for the basic Reason Code # addition in Safari mobile or Chrome mobile (Firefox mobile appears to have an outstanding bug about adding bookmarklets from mobile), bookmarklet also linked here:

javascript&colon;factors=document.getElementsByClassName("factor-list");for(let i=0;i<factors.length;i++){reasoncode=factors[i].getAttribute("data-code");dive=factors[i].childNodes;dive = dive[0].childNodes;dive = dive[0].childNodes;if(dive[1]!==undefined){if (!dive[1].textContent.startsWith("Code:")){dive[1].textContent="Code: " + reasoncode + " - " + dive[1].textContent;console.log(dive[1].textContent);}}}

If you aren't familiar with bookmarklets, create a bookmark (to any page, it doesn't matter), then Edit the bookmark name to be "Extended Reason Codes", and the URL to be the full text string above (all one line). Then go to the page you want to see codes on, and tap the bookmark. Unlike the extensions, you'll need to tap the bookmark for each scoring page separately, and the CSV is not available with the bookmarklet.

If you have a code/statement combo that isn't yet on the list above, post it! (Screenshot or copy/paste, but keep the phrasing exact...)

[iv]

Interested in how it works?

UPDATE: version 0.6.1

Source here: https://drive.google.com/file/d/1vpHe7OSC_CfG3tx0YzSlKW9I-Dzwk43x/view?usp=sharing

New Features!

Added Reason Code numbers on the main Scores tab

Added initial (limited) support for 1B Reports

(1B Report support now requires www2.myfico.com in addition to secure.myfico.com)

UPDATE: version 0.5.2

Source here: https://drive.google.com/file/d/1KawXdpMM1dUJ2Qlaez_qcFHMhYjzBBUB/view?usp=sharing

New features!

Resilience Score Reason Code numbers are now displayed on FRI screen

Numeric 0-5 Ratings are now displayed on FICO 8 Score Ingredients screen

Scores without Reason Codes (within 50 points of model max) are now also included in CSV export

Resilience Scores are now included in CSV export (including all prior FRI scores, not just current)

Additional columns in CSV export for numeric Score Ingredients

UPDATE: version 0.4.1

Source here: https://drive.google.com/file/d/1vffiASFsGgD40eRvafoob4YqFoRt3hcB/view?usp=sharing

New feature!

In 0.4.1, Reports->Scores->Compare will display the correct Reason Code ORDER (replacing the checkmarks with 1-4).

UPDATE: version 0.2.3

Source here: https://drive.google.com/file/d/171XulsWh_Ta2LGsU3iCngkdX9J7h_Hz0/view?usp=sharing

New feature!

0.2.3, in addition to just adding Reason Code numbers on the Reports screens, now has a special feature if you click the Print option on any 3B report... it will generate a downloadable CSV (tab-separated, actually) of scores, Reason Codes, and both the "short" (Scores view) and "long" (Reports view) versions of the myFICO Score Factor text, including the correct order of Reason Codes for each available report/score combo.

The originally-published 0.1.7 extension source is here:
https://drive.google.com/file/d/1E9CGHCGLlD3aGM_jEuZ1tWO_y4XhotBV/view?usp=sharing

[Anonymous]

Looks great! Is there a solution for the app?

[iv]

---

@Anonymous wrote:

Looks great! Is there a solution for the app?

---

Thanks! I hope we can fill in most (all?) of the remaining re-phrased reason codes fairly soon.

App support? Nope. Not possible.

There are a few mobile options, but desktop is going to be better in general (you have the Print View, to see all reason codes at once, which the mobile view doesn't offer).

For Android, you can use one of the (few) mobile browsers that support extensions, like Kiwi (easy, uses the Chrome Web Store link) or Firefox Nightly dev builds (uses AMO, but there's some hoops to jump through to set it up).

For iOS, Safari mobile doesn't support webextensions (even though it works just fine on desktop Safari), and Apple doesn't allow 3rd-party browsers to have full extension support either.

(Hmm... It might work as a bookmarklet on Safari mobile, though. I'll get back to you on that.)

[Anonymous]

---

@iv wrote:

---

@Anonymous wrote:

Looks great! Is there a solution for the app?

---

Thanks! I hope we can fill in most (all?) of the remaining re-phrased reason codes fairly soon.

App support? Nope. Not possible.

There are a few mobile options, but desktop is going to be better in general (you have the Print View, to see all reason codes at once, which the mobile view doesn't offer).

For Android, you can use one of the (few) mobile browsers that support extensions, like Kiwi (easy, uses the Chrome Web Store link) or Firefox Nightly dev builds (uses AMO, but there's some hoops to jump through to set it up).

For iOS, Safari mobile doesn't support webextensions (even though it works just fine on desktop Safari), and Apple doesn't allow 3rd-party browsers to have full extension support either.

(Hmm... It might work as a bookmarklet on Safari mobile, though. I'll get back to you on that.)

---

@iv Thank you, please do. I'm on iPhone and typically use Firefox, but use chrome & Safari but could use whatever.

[iv]

---

@Anonymous wrote:

---

(Hmm... It might work as a bookmarklet on Safari mobile, though. I'll get back to you on that.)

---

@iv Thank you, please do. I'm on iPhone and typically use Firefox, but use chrome & Safari but could use whatever.

---

Alright... it does work as a bookmarklet in Safari mobile and Chrome mobile (Firefox mobile appears to have an outstanding bug about adding bookmarklets from mobile).

Here you go (also linked here):

javascript:factors=document.getElementsByClassName("factor-list");for(let i=0;i<factors.length;i++){reasoncode=factors[i].getAttribute("data-code");dive=factors[i].childNodes;dive = dive[0].childNodes;dive = dive[0].childNodes;if(dive[1]!==undefined){if (!dive[1].textContent.startsWith("Code:")){dive[1].textContent="Code: " + reasoncode + " - " + dive[1].textContent;console.log(dive[1].textContent);}}}

If you aren't familiar with bookmarklets, create a bookmark (to any page, it doesn't matter), then Edit the bookmark name to be "Extended Reason Codes", and the URL to be the full text string above (all one line). Then go to the page you want to see codes on, and tap the bookmark. Unlike the extensions, you'll need to tap the bookmark for each scoring page separately.

I'll add this to the second post as well.

[Anonymous]

This is great, @iv !

The Master List of 134 reason statements starts here: ( Score Factors A-N )

I'd sure be interested to hear from anyone finding something not on that list!

(Earlier in that thread are the actual codes that match the reasons for the Classic 8s and the mortgage scores [5,4,2] )

Like iv said, there are some text variations across the 3 CRAs, for example EX uses 'Ratio' instead of 'Proportion' on the 8s. Having the code number makes it easy to look up in the Score Factor thread above. Just CTRL-F in the browser and type in the number and you'll go right to it.

[iv]

---

@Anonymous wrote:

This is great, @iv !

---

Thanks! I hope it ends up being useful.

---

@Anonymous wrote:

The Master List of 134 reason statements starts here: ( Score Factors A-N )

---

Yup! Note that the first column in this thread matches (or should match) the verbatim text from that list (via the list in FICO_Score_Reason_codes_1424PS.pdf), and the Code: ## in the second column should also match.

The text (where present) in the second column is what the myFICO CMS is providing as "friendly" text for that numbered reason code.

I've only included the codes that I believe to be used in Classic 2/3/4/5/8/9 and Auto/Bankcard 2/4/5/8/9 - that's only 42 unique numbers, with a few that have differing meanings between CRAs.

I didn't include any of the NextGen-only reasons (the ones with only an A0-style code, and no matching ##-style code) , and I also excluded ones that were CoreLogic/"Mortgage Option"-only (not to be confused with the Classic 5/4/2 actually used for mortgages). That means I left out the entire 53-96 range, as I'm fairly certain that none of the score models available here will ever generate those codes.

---

@Anonymous wrote:

I'd sure be interested to hear from anyone finding something not on that list!

---

I'll actually be shocked if anyone even sees anything beyond the core 42 numbers listed above.

But here's a fun, probably completely meaningless set of additional codes:

Code: 502 - You have no missed payments on your credit accounts.

Code: 508 - You're not actively looking for credit.

Code: 510 - You've limited the use of your available revolving credit.

Code: 512 - You have an established revolving and/or open-ended account credit history.

Code: 514 - You have an established credit history.

Code: 515 - You've shown recent use of credit cards and/or bank-issued open-ended accounts.

Code: 516 - You've shown recent use of revolving and/or open-ended accounts.

Code: 519 - You have a sufficient number of accounts that are currently paid as agreed.

Code: 533 - Your balances on mortgage and/or non-mortgage installment loans are relatively low or substantially paid off.

Code: 540 - You have no public records or collections on your credit report.

...yup, the "Positive Factors" have their own range of numbers associated with them, at least in the myFICO interface.

Wait... hold on a minute. Those positive factors DO have meaning!

They are just the inverse of the negative codes, with a +500 to differentiate them! Each one matches up. Neat!

Anyway, hopefully, we can fill in the other variations as used my myFICO - if you have the myFICO text matching any of the reason codes listed above that only have a Code: number in the right-hand column, please share!

[Anonymous]

It kind of makes me a little upset that I've been paying $39.95 a month for the past 2½ years and it took all of this just to get a matching set of reason statements.

A few modifications to their Angular code could have made it all so perfect, with additional ordering numbers on the 'Compare' part of the report to make those TU/EX reasons match their correct order on the Scores tab.

As a Lead Developer I know all about SMOP and why people are reluctant to go back into a codebase, but this would be such a wonderful improvement! Either way, I'll continue to pay for the best source of credit scores on the planet - just wish they would consider it.