Bank closed my credit card and reported to credit bureaus.

[ameridreamNoT]

the credit scores are sometimes overrated. Mine dropped total of 30 points last week due to carrying nearly $2k credits -- to pay for car insurance (3 cars) and house insurance; which I normally do every year to get points. Paid it off monthly in full before interest kicks in. still remained on the 750 range and like someone said, at this score level, not much difference when it comes to interest rates.

[davidt1]

Originally Posted by Grumpty

So, it's been about a month now. Has your 'credit rating' rebounded this month?

No.

[TimtheGuy]

Originally Posted by davidt1

My credit card information was stolen and unauthorized purchases were made. The bank was able to stop and reversed most of the charges. They issued me a new credit card and told me to get rid of the old one. A month later I found out they reported the closed account to Equifax. This lowered my credit rating by 11 points.

I didn't know they could or would do that because I remember reading somewhere they don't report accounts closed due to identity theft. I am just pissed because my credit rating is now lower through no fault my my own.

What was your score prior to the 11 point drop?