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CC Closed

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Anonymous
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CC Closed

So I closed a card (Credit One) a little while back and my reports just updated. Experian showed a raise of 5 points and Equifax shows a decrese of 4 points.

 

I don't understand how it helps on one report but hurts on another?

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Anonymous
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Re: CC Closed

Closing that account didn't raise your scores.  Your scores went up for a variety of other reasons, such as AAoA growing, or maybe inquiries being scored less because of aging.  Or a variety of other reasons.

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Anonymous
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Re: CC Closed


@Anonymous wrote:

So I closed a card (Credit One) a little while back and my reports just updated. Experian showed a raise of 5 points and Equifax shows a decrese of 4 points.

 

I don't understand how it helps on one report but hurts on another?


Before you closed it, did your last report show it with a balance?  If so, I can imagine a scenario where closing it helped one bureau and hurt another.

 

It's also certainly possible (as ABCD says) that the closure triggered an alert, but the score changes had already happened a week before with out you finding out about them.  You are only finding out about them now.

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