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Why Did My Credit Score Drop When I Close An Account? [Solved]

You closed your credit card. Closing a credit card account, especially your oldest one, hurts your credit score because it lowers the overall credit limit available to you (remember you want a high limit) and it brings down the overall average age of your accounts.

Why Does Your Credit Score Drop After Closing an Account? | 3 Major Reasons

Why does your credit score drop

Why Did My Credit Score Drop for No Reason

You might be like a lot of people trying to figure out

Why Did Your Credit Score Drop After Paying Off A Loan?

In this video I discuss reasons why