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My daughter recently got a victoria secret credit card and has always paid it on time. All of a sudden they closed her account. Why would they do that? She does have student loans, but I have always paid them on time. I do have her an an authorized user on one of my credit cards.I have never been late paying that card. I have a 8500 credit limit and my balance is quite high 6,000.00. I am paying that off. I am thinking they closed it because of the card and the fact that she has student loans. I recently called the credit card and told them to take her off as an authorized user. I'm wondering if that is the reason. Please help - I am really upset about this. Thanks.
Did she get a letter yet or call?
I mean to speculate before hearing from or talking to the lender will be fruitless.