Account sold

[Anonymous]

My Chevron account was sold and my credit score dropped 10 points.  What would cause this since everything stayed the same?  My credit score was 768 now it is 778. 

[Anonymous]

What do you mean it was sold?   was it in collection?   

[Anonymous]

Your score dropped or raised by 10 points? You said it dropped, but the numbers you posted shows that it went up.

[Anonymous]

Sorry it went from 778 to 768.

[Anonymous]

First off I would ask, did it go into collection?  But could it be possible it was bought by another bank and they just arent reporting it yet? 

[Anonymous]

It wasn't in collections. This is the message from Score Watch:

Account opened: 9/1991
Description: Account transferred or sold
Credit card


                                         Previously reported                    Newly reported

Balance:                          $40                                                  $0

Past due:                         Not Reported                                Not Reported

Status:                             Pays account as agreed              Pays account as agreed

Last activity:                     2/1/2008                                         3/1/2008

Description:                     Credit card                                    Account transferred or sold                  

                                         Amount in H/C column is             Credit card
                                         credit limit

[Anonymous]

I would call a csr from where the original acct was. Sometimes if it is a local bank I have seen where they decide to get out of the CC business and sell the accounts to another company.  I say start with a CSR.