Account closed by credit grantor

[masscredit]

My Target card was recently closed because I had a few returned payments. Reasons for those are I had the wrong account info the first few times so they got bounced back. I finally deleted that info and reentered everything so it would work fine. And then this month I forget to figure in my insurance withdrawal so I didn't transfer enough into the account to cover that and my Target payment. My fault either way.  The account is listed as being closed by credt grantor. Is there anything negative to go along with that?  I have no late payments. Even with those incidents, the card was usually PIF monthly.

[CH-7-Mission-Accomplished]

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@masscredit wrote:

My Target card was recently closed because I had a few returned payments. Reasons for those are I had the wrong account info the first few times so they got bounced back. I finally deleted that info and reentered everything so it would work fine. And then this month I forget to figure in my insurance withdrawal so I didn't transfer enough into the account to cover that and my Target payment. My fault either way.  The account is listed as being closed by credt grantor. Is there anything negative to go along with that?  I have no late payments. Even with those incidents, the card was usually PIF monthly.

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It doesn't matter at all.  They could have closed it for nonuse or just because they didn't want to offer credit anymore.  It has no effect on anything.

[taxi818]

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@masscredit wrote:

My Target card was recently closed because I had a few returned payments. Reasons for those are I had the wrong account info the first few times so they got bounced back. I finally deleted that info and reentered everything so it would work fine. And then this month I forget to figure in my insurance withdrawal so I didn't transfer enough into the account to cover that and my Target payment. My fault either way.  The account is listed as being closed by credt grantor. Is there anything negative to go along with that?  I have no late payments. Even with those incidents, the card was usually PIF monthly.

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No. Does not matter as long as you did not default on the account. has no affect. did you pay any late fees or any penalties associated with the NSF? just curious. But as far as fico is concerned. it is meaningless.

[masscredit]

They were actually payments that were made to PIF before the statement closed so I was supposed to be ahead of the game. I guess I should have looked into why the payment didn't go through the first time it happened.