Credit Advice

Have a question? Have advice to share? The combined knowledge and experience of everyone in the Credit Karma community can help you. Enter your question or help others below to get started!


Posted in Credit Report
Profile Image

Question By

0 Contributions
0 People Helped
CC company closed my good standing CC accts w/ no notice & has bad effect on my what??
My CC accts were in good standing - low APR, kept within the available balance and paid in time regularly. Then BOA closed the accounts out of nowhere, with no notice and reported to the credit agencies. I have been told to expect all my credit cards to be cancelled, even if they are paid off. I researched what credit card offers I am eligible for to try and rebuild my credit and there are none available. This action by the credit card company is ruining my good credit.
What should my next steps be? I want to do what I can to prevent further damage to my credit and rebuild. Any knowledgeable advice would be appreciated.

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.


Reply to this Question

Write your response:
Enter Your Comments

The Credit Advice pages of the Site may contain messages submitted by users over whom Credit Karma has no control. Credit Karma cannot guarantee the accuracy, integrity or quality of any such messages. Some users may post messages that are misleading, untrue or offensive. You must bear all risk associated with your use of the Credit Advice pages and should not rely on messages in making (or refraining from making) any specific financial or other decisions.