Credit, have to ask.... any overall credit guides listed...

Here are reasons for a clients lower credit score:

• Time since most recent account opening is too short
• Proportion of balances to credit limits is too high on bank revolving or other revolving accounts
• Lack of recent installment loan information
• Too many inquiries last 12 months
• Score value was adversely affected by credit inquiries present in the credit file.

Now the funny thing is that I see these reasons all the time in peoples credit files.

In this instance, would you care to guess the clients credit score (TU)…


This is an excellent credit score… but, seems like there is always a reason of some sort for a lower score… btw, it’s not uncommon for there to be the same reasons for someone with a score of 650, too.

Does anyone have a guide to all the reasons that your credit score could go down…

those reasons that you noted are just canned computer generated responses, no real individualized analysis going on there. check out and read up on how items affect your credit score, it might give you some insight.

Consult with your credit report service provider; some providers offer training to LO’s about this very topic.


Scott Miller