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Joined: 20 Jun 2008
katrinaholman's page
Posts: 1

23 Magic Points

Subject: lost or stolen
Posted on Fri Jun 20, 2008 5:43 am  

my wallet got stolen, and when i reported my card lost or stolen, my credit score took a dive. Why is this, and will it take forever to go back up?


Joined: 28 Jun 2006
scott's page
Posts: 446

10890 Magic Points

Posted on Fri Jun 20, 2008 9:32 am  

I don't think that your credit score has lowered only because you have reported the loss of the card. I think that some negative listing has been added in your credit report and for that reason your credit score may have gone down. Ask for a credit report and find out the reason for the decrease in your score.

Use your credit account responsibly and enjoy a debt free life.


Joined: 31 Jul 2006
anthony's page
Posts: 516

13609 Magic Points

Posted on Fri Jun 20, 2008 9:50 am  

I also think that your credit score has not gone down only because of your reporting for the loss of your card. There may be some other reason for the dive. So order a new credit report to find it out.
Anthony Marx

A positive attitude is not achieved by turning a blind eye to the negative, but rather by responding to every situation in the most positive way possible.

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