RJ: The sum of your revolving credit account balances is too high.
Revolving accounts allow you to carry a balance and your monthly payment will vary, based on the amount of your balance. The total combined amount you owe on all of your revolving credit accounts is high, a sign of increased risk. People who carry balances on multiple revolving credit accounts have reduced available credit to use if needed, creating a greater chance of becoming overextended.
Pay down the balances on your accounts. Ideally, the balance on any revolving account should be 30% or less of the total credit limit on that account.