I have a closed credit card with Capital One. Experian and Transunion both list the remarks as Account closed by consumer yet Equifax lists in the remarks as Credit Card Lost or Stolen. I am wondering if there is anything negative regarding this? The account was closed in good standing and has no lates or anything like this so I dont want it removed.
And have them remove a positive entry that is helping my credit? No thanks.. =) Just wonder if this entry hurts me in anyway. If not, I will just leave it there as is
Hi KobeKatt. You are absolutely right. In a case like this what you want to do is go directly to the OC, (Cap1). Tell them there's a mistake, and you may even want to include a copy of the CR, (the TL ONLY) to prove it. Ask them to re-report correctly. And send you a letter to confirm it's good standing. And YES, "closed by credit grantor" hurts you. GL Let us know what happens. .
Hello Butch. Thank for responding. So having a TL that says Credit Card Lost or Stolen would be a negative, just like Closed by Credit Grantor? Do they have the same affect? I will take your advice and dispute this directly to the OC. I will be sure to update here when I get a response. Thanks
Oh GEEZ. Sorry Kobe. I thought you said it was listed as "closed by grantor". Now that IS negative. But "lost or stolen", if it did cost any points it would only be a cpl. Practically everyone has a card lost or stolen at one time or another. Also - if it's an old TL the time it adds to your report may outweigh any negative. If it's otherwise good, other than "lost or stolen" I'd leave it. Glad you clarified. I guess I'm gettin sleepy. .
