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Bank Stopped Servicing Store - Closed Credit Account. Should this count against me?
Here's the situation. I recently purchased furniture through a newly opened store credit card. When I received my first statement I saw a notice that the bank servicing the store would no longer be doing so and my account would be closed (though I still have the pay the balance).

It seems unfair to me that because it was closed my credit score dropped (16pts).

What are you thoughts?

Thanks in advance!

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