darkguy2 wrote:Sadly that is how it works. At any time a creditor can decide they no longer want to lend you money. I assume this was your only card?
gabo864 wrote:Wow I had no idea this could happen. What are the most common reasons why a creditor may cancel someone's credit card?
CarefulBuilder14 wrote:Doesn't that card have a $59 AF?
And you're unhappy it's closed?
SAF0922 wrote:So my questions are, has anyone ever heard of this type of situation and also what will this do to my credit score?
A lawyer I talked to said that since my account was originally issued by another bank, who bought out my account it is possible I don't meet the new banks requirements for an account but still they should have to tell me that.