Continue to enter your reason codes, one at a time, in the search field in order to generate a list of printable explanations below.
22: No revolving accounts with a valid credit amount
Revolving accounts allow you to carry a balance and your monthly payment will vary, based on the amount of your balance. The VantageScore credit score model relies on information in your credit files at the three national credit reporting companies (Equifax, Experian and TransUnion) to generate your score. Your credit file does not have enough credit behavior information about your revolving credit accounts. A mix of different types of open and active credit accounts, including revolving credit accounts, can have a positive impact on your credit score.
What you can do:
Maintaining open and active credit accounts in good standing can help improve your credit score.
A HIGHER LEVEL OF CONFIDENCE
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