Continue to enter your reason codes, one at a time, in the search field in order to generate a list of printable explanations below.
47: No open retail accounts in your credit file.
A retail account is a bankcard issued by a retailer. 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. A mix of different types of open and active credit accounts, including RETAIL 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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