MartyM wrote:
That is true. However, that is only the half of it. FICO only sees it as a newly closed account, thus lowering available credit and reducing the age of credit history. So, your liaison didn't give you an "alternative truth" but didn't go so far as to tell you, B&H, the full impact to the card holder.
But, I must commend Comenity for landing your account.
I don't know your situation or why this is happening, but if closing a card affects your score that much, you might have larger issues to deal with. I close store cards all the time and never see any movement on my credit report.
But then again, I'm just following this thread as an excuse to eat popcorn.