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Posted in Credit Cards
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Question By
back2l17

3 Contributions
8 People Helped
Credit Score dropped recently
Jun 4, 2014 You have had 2 new accounts added to your credit report.
Accounts Activity

The following accounts have been added to your credit report since your last score update on May 20, 2014:
Account: Type: Date Opened: Credit Limit: Balance:
1. SYNCB/AMAZON Credit Card Aug 29, 2011 $2,500 $0
2. CAP1/YMAHA Credit Card Jul 2, 2010 $3,200 $0

Jun 4, 2014 The limits on 4 of your credit cards have changed.
Credit Limit Activity

The following credit card limits have changed since your last score update on May 20, 2014:
Credit Card: Balance: Previous Limit: New Limit: Change:
1. SYNCB/AMAZON $0 N/A $2,500 +$2,500
2. CAP1/YMAHA $0 N/A $3,200 +$3,200
3. GECRB/AMAZON N/A $1,900 N/A -$1,900
4. HSBC/YAMAHA N/A $3,200 N/A -$3,200

I don't really understand how this has affected my credit so much. It says 2 new accounts were added, but they've been there this whole time. They were opened in 2010 and 2011. The credit limit for the hsbc/yamaha stayed the same, and the amazon increased. HSBC/Yamaha was bought out by Capital One. My CK score dropped 26 points, and my FICO dropped 9 points.

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2 Contributions
1 Person Helped
Most Helpful Response

huge drop in credit score

Helpful to 1 out of 1 people

In the last couple months I paid credit cards off and cancelled 4 credit cards....My score dropped a whooping 120 points!!!! I dont get it...All my payments are on time and have been for years..Is it because I cancelled the cards?

1 Contribution
3 People Helped

credit carda

Helpful to 3 out of 5 people

I don't have credit cards with any of these bussines

1. SYNCB/AMAZON $0 N/A $2,500 +$2,500

2. CAP1/YMAHA $0 N/A $3,200 +$3,200

3. GECRB/AMAZON N/A $1,900 N/A -$1,900

4. HSBC/YAMAHA N/A $3,200 N/A -$3,200 

so how do I get them off my credit report

Credit Karma Team
Top Contributor
2949 Contributions
4607 People Helped
Helpful to 2 out of 4 people

You'll need to file a dispute with the credit bureau. Please read this article for more information: https://www.creditkarma.com/article/dispute-credit-report-errors

1 Contribution
2 People Helped

Helpful to 2 out of 4 people

Somethings wrong here. I have 1 & only 1 credit card active & that is VISA. I pay it off in full every month.

1 Contribution
0 People Helped

Credit Score

Helpful to 0 out of 19 people

Who really cares?

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