Setting this here. I do not recall seeing this code from my last update to VS4 via Sync. In order negative reason codes are “Lack of real estate secured loan” and “Too many bank cards with a high balance”. Aggregate revolving went down form 16% to 11%, TU VS4 increased from 762-771 As of this report I have 3/14 BWB. 4251/10,000 43%, 4251/18000 24%, 5254/9000 58%. Next update will remove the 4251/18000 24%. It will also move 5254/9000 58% to under 49% (CLI and payment). This will put me at 2/14 BWB. Will be interesting to see if the 2nd code changes from having all BWB under 50% utilization or from removing one from the mix. VS4 seems to like me much more than VS3 by 20 points or so.
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VS4 Reason Code- Too many bank cards with a high balance.

1 of 3
3 years ago
Sat Nov 06, 2021 11:45 pm
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mickvain
Authorized Rebel
Setting this here. I do not recall seeing this code from my last update to VS4 via Sync. In order negative reason codes are “Lack of real estate secured loan” and “Too many bank cards with a high balance”. Aggregate revolving went down form 16% to 11%, TU VS4 increased from 762-771

As of this report I have 3/14 BWB. 4251/10,000 43%, 4251/18000 24%, 5254/9000 58%.

Next update will remove the 4251/18000 24%. It will also move 5254/9000 58% to under 49% (CLI and payment). This will put me at 2/14 BWB. Will be interesting to see if the 2nd code changes from having all BWB under 50% utilization or from removing one from the mix.

VS4 seems to like me much more than VS3 by 20 points or so.
mickvain
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  • Score data EX8: 739 TU8:762 EQ8: 740
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Re: VS4 Reason Code- Too many bank cards with a high balance.

2 of 3
3 years ago
Sun Nov 07, 2021 3:10 am
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BrutalBodyShots
Senior AdministratorGoodwill Saturation Technique Author
BrutalBodyShots has been gardening for over 2 years.
BrutalBodyShots has achieved the Garden Goal !!
Level27 Last INQMonday, May 23, 2022 Gardening For2 years, 3 months, 15 days, 20 hours, and 6 minutes Next Level in15 days, 3 hours, and 54 minutes on September 23rd INQ 1yr onTuesday, May 23, 2023 INQ 1yr reached1 year, 3 months, 15 days, 20 hours, and 6 minutes ago INQ 2yr onThursday, May 23, 2024 INQ 2yr reached3 months, 15 days, 20 hours, and 6 minutes ago Goal24 months Goal DateThursday, May 23, 2024 Goal Achieved3 months, 15 days, 20 hours, and 6 minutes ago
Would be cool to determine the threshold point that triggers that negative reason statement. It's probably some sort of combination of X number or cards over Y utilization. Hopefully you can pinpoint where that threshold may be when you see the code go away.
BrutalBodyShots
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Re: VS4 Reason Code- Too many bank cards with a high balance.

3 of 3
3 years ago
Sun Nov 07, 2021 11:02 pm
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Birdman
Primer AuthorCo-Founder
Birdman has been gardening for over 2 years.
Level30 Last INQWednesday, March 2, 2022 Gardening For2 years, 6 months, 5 days, 20 hours, and 6 minutes Next Level in24 days, 3 hours, and 54 minutes on October 2nd INQ 1yr onThursday, March 2, 2023 INQ 1yr reached1 year, 6 months, 5 days, 20 hours, and 6 minutes ago INQ 2yr onSaturday, March 2, 2024 INQ 2yr reached6 months, 5 days, 20 hours, and 6 minutes ago
@mickvain Nice find, so it’s also a Metric for VS4! 😊
Birdman
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  • Score data EQ8-827; TU8-817; EX8-816
    EQ5-751; TI4- 800; EX2-814
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