|
CODE
|
ADVERSE ACTION CODE REASON
|
|
01
|
Amount
Owed on Accounts too High
|
|
02
|
Delinquency
on Accounts
|
|
03
|
Too Few
Bank Revolving Accounts
|
|
04
|
Too
Many Revolving Accounts
|
|
05
|
Too
Many Accounts With Balance
|
|
06
|
Consumer
Finance Accounts
|
|
07
|
Account
Payment History Too New to Rate
|
|
08
|
Too
many Recent Inquiries Last 12 Months
|
|
09
|
Too
Many Accounts Opened Last 12 Months
|
|
10
|
Proportion
of Balances to Credit Limits too High
|
|
11
|
Amount
Owed on Revolving Accounts too High
|
|
12
|
Length
of Revolving History too Short
|
|
13
|
Time
Since Delinquent is too Recent
|
|
14
|
Length
of Credit History too Short
|
|
15
|
Lack of
Recent Bank Revolving Information
|
|
16
|
Lack of
Recent Revolving Account Information
|
|
17
|
No
Recent Non-Mortgage Balance Information
|
|
18
|
Number
of Accounts With Delinquency
|
|
19
|
Too Few
Accounts Paid as Agreed
|
|
20
|
Time
Since Derogatory Public Record or Collection
|
|
21
|
Amount
Past Due on Accounts
|
|
22
|
Serious
Delinquency, Derogatory Public Record or Collection
|
|
24
|
No Recent Revolving Balances
|
|
28
|
Number of Established Accounts
|
|
30
|
Time
Since Last Account Opening too Short
|
|
31
|
Too Few
Accounts With Recent Payment Information
|
|
32
|
Lack of
Recent Installment Loan Information
|
|
33
|
Proportion
of Loan Balances to Loan Amounts Too High
|
|
34
|
Amount
Owed on Delinquent Accounts
|
|
36
|
Length
of Time Open Installment Loans Have Been Established
|
|
37
|
Number
of Consumer Finance Company Accounts Established
|
|
|
Relative to Length of Consumer Finance History
|
|
38
|
Serious Delinquency and
Public Record or Collection Filed
|
|
39
|
Serious
Delinquency
|
|
40
|
Derogatory
Public Record or Collection Filed
|
