that was on my denial from household? insufficient credit experience insufficient credit history excessive credit obligations how does insufficient and excessive go to gether?? doesnt make sense. i dont have ant credit history so how can i have excessive credit obligations??
I think they order the reasons from most severe to least severe. You're right the last reason they gave you doesn't seem to make any sense. I don't think that is terribly unusual though for the lowest reasons...
Real easy: Person has one trade line - a single credit card with, say, a $15,000 credit line, that's been open for 6 months and has a $14,500 balance on it. that's "insufficient credit experience, insufficient credit history, and excessive credit obligations"
