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Closing of Toys r Us card

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Creditbuilder36
Frequent Contributor

Closing of Toys r Us card

It seems that once my Toys r Us store card closed (because the store closed ) my Equifax and Transunion dropped by a lot why is that dropped it 16 points on each
Message 1 of 3
2 REPLIES 2
Anonymous
Not applicable

Re: Closing of Toys r Us card

Because your credit line closed, it reduced your available credit and increased your UTIL %, your score went down.
Message 2 of 3
Creditbuilder36
Frequent Contributor

Re: Closing of Toys r Us card

Ooh ok that makes sense now thank you because Bon-Ton closed which my limit was 4,200 and Toys R Us was 2,000 I See now
Message 3 of 3
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