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Question By
Couper2013

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credit score dropped after closed credit card
This Unused credit card had $0 balance-was not in use. The company was Lowes Big Box store who decided to CLOSE it (without notice). For them doing that, my good credit score was penalized 10 pts. just because it was not in use and had no balance? This makes NO sense. How do I argue this?

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Top Contributor
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It is up to the store how long they wish to keep inactive accounts.  Ten points is minor compared to what happens when YOU close accounts. No arguments available.  You must occasionally use a card to keep it active, as is explained in.the articles here.

Top Contributor
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You've been a member of this site since 2013 and have not taken advantage of the informative articles; otherwise you would know the answer. Your balance may have been zero, but your available credit has now been reduced.

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