They pulled Experian, the worst report about my credit. A couple of days ago, they mailed me a notice about the reasons. Excessive credit obligations, percentage of retail cards under a year old, and percentage of satisfactory bank cards. The second is a novel reason, at least to me. Guarding against spend-and-default binges, I presume. The third is probably a code phrase for excessive utilization, since my bank cards are otherwise quite satisfactory. The three derogatory items on the Experian report were NOT mentioned. So anyone with derogatories should realize that certain retail cards are within reach. New accounts and utilization may count for more than derogatory items do.