Continue to enter your reason codes, one at a time, in the search field in order to generate a list of printable explanations below.
TU: On average, your accounts are too new.
The average age of your credit accounts is low. A credit file containing older accounts will have a positive impact on your credit score because it demonstrates that you are experienced managing credit.
What you can do:
Don’t open more accounts than you actually need. Research shows that new accounts indicate greater risk. Your score will benefit as your accounts get older.
A HIGHER LEVEL OF CONFIDENCE
Count on the company behind ReasonCode.org for more accurate and consistent credit scores, too.