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lostcreditcard

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lost credit card reported to cc company/replaced - this shows as new debt on credit report?
Why doesn't my credit report show my debt reduced by the amount of the closed (lost) credit card? It only show an increase in the amount when the lost credit card was replaced. Same account...just had the card replaced - shouldn't the amounts wash?

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If you are saying that you have two accounts with different card numbers showing on your reports for the same account and they are both showing a balance, give it a month or so to update, the balance on the closed card should go to zero, if it doesn't after a month or two, contact the credit card company or credit bureaus for assistance. My thoughts are though, that these are actually two separate accounts now. 

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That lost credit card account was closed, meaning no one can make any more charges to that account. I'm assuming you had a balance on that card at the time it was lost and that will have to be paid.  Also, that card number is part of your credit history and will show on your credit file for 7 years, then vanish.  The new number is a replacement, and would be a new account just because of the new number.  Keep it safe.

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