Cancelled accounts by creditor bad for credit?

[Anonymous]

A couple of my friend's accounts were cancelled by AMEX because "they didn't like the way she was using her credit." There's still a balace and she's paying on time on all her accounts. What sort of harm, if at all, will an account cancelled by the creditor have on her credit?

[Anonymous]

Besides a potential UTL hit.
mostly hurts for a manual review-

[Anonymous]

I had Bank of America do the same to me. it seems that when it was reported my score took a 6 point hit. Not too bad but I didn't think it would matter seeing as how my other accounts are all currently at 0 balance or small amounts. Bank of America closed my account because I was not creditworthy to them anymore.