VERSION: 4.0
45: Not enough balance paid down over time on retail accounts
Description
A retail account is a bankcard issued by a retailer. The amount that has been paid down on your open retail accounts is low. People who haven't paid down much of their retail account balances are higher credit risk than people who have.
Tips
Whenever possible, pay down balances on your retail accounts. Over time this will have a positive impact on your score.