The third reason for my score being lower is: The percentage of the loan amount still owed on your installment loans (other than real estate loans) opened in the last 12 months is greater than the average in your credit category. I opened two installment loans in 1997 and another in 2000. I reviewed my other credit accounts and they appear to be coded correctly (revolving, installment, etc). Doesn't make any sense. Has anyone ran into this explanation for a negative?
