Delinquencies on your accounts.
A delinquency is a payment that was made 30 or more days late. None or very few delinquencies on your account can cause your score to improve.
What You Can Do
Keep paying bills on time every month since it is important for maintaining a good credit score. If you remain behind with any payments, bring them current as soon as possible, and then make future payments on time. Over time, this will have a positive impact on your score.
Few or no installment accounts with delinquent or derogatory payment status.
An installment account is one with a fixed monthly payment for the life of the loan. Auto loans and student loans are common examples of installment loans. Paying your bills on time improves your score. You have paid all your installment loans on time or no more than 30 days late.
What You Can Do
Keep paying bills on time every month since it is important to maintaining a good credit score. If you remain behind with any payments, bring them current as soon as possible, and then make future payments on time.
The balances on your accounts are not too high compared to loan limits.
Your balances are not too high compared to the loan amounts, which causes your score to improve.
What You Can Do
Keep low balances on your accounts; this will benefit your score.
Few or no bankcard or revolving accounts with delinquent/derogatory status.
Bankcard accounts include credit cards and charge cards from a bank and are frequently revolving accounts. Revolving accounts allow you to carry a balance and your monthly payment will vary, based on the amount of your balance. Paying your bills on time improves your score. You have paid all your bankcard or revolving accounts on time or no more than 30 days late.
What You Can Do
Keep paying bills on time every month since it is important to maintaining a good credit score. If you remain behind with any payments, bring them current as soon as possible, and then make future payments on time.