my wallet was stolen. my credit cards were in there, including my social security card. I cancel my BOA credit card that i have for 3 years. now im worrying about my credit score.
2007-10-01 07:23:53 · 3 answers · asked by mushu003 1 in Business & Finance ➔ Credit
The item will have a notation of lost or stolen card on it. Are you getting a replacment acct? It won't make much difference, if any at all.
2007-10-01 07:50:53 · answer #1 · answered by Debdeb 7 · 1⤊ 1⤋
whether or no longer your credit would be adversely affected in case you cancel the cardboard relies upon on the proportion of obtainable revolving credit that this card makes use of and how it could counteract any detrimental acct archives on your checklist. even however, in case you go away it on there it is going to stay listed as an account that's in sturdy status. this may be an benefit to you in case you %. in case you never use the account, it is going to look to different lenders which you have have been given maintained a sturdy account for an prolonged volume of time. they might't tell whether or no longer you have ever truly offered something with the cardboard. I did this with a come across card I had that became at $0 stability. I deactivated the account quite of cancelling it so as that it could no longer be utilized by fraud, then I left it on my credit checklist. Now it shows that I truly have a appropriate fee historic previous with come across for the previous 10 yrs whilst in fact that is in simple terms a card that I never used or maybe wished to apply.
2016-10-20 12:05:35 · answer #2 · answered by finnigan 4 · 0⤊ 0⤋
You don't have to actually cancel your credit card, the card company should issue you a new number. And NO it is said the more cards you have the lower you score is.
2007-10-01 07:52:32 · answer #3 · answered by Kim S 3 · 0⤊ 2⤋