What shows up on your credit report when you report your credit card lost/stolen?
Peter T asked:
For example, if the credit card company changes your account number and moves everything to a new account, does your credit report now say that the old account is closed and you just opened a new account? I’m trying to figure out if you lose your old credit history when you do this—-especially if this is an account you’ve had for a while, and therefore is one of your oldest accounts since alot of credit is based on how long you’ve had things.
For example, if the credit card company changes your account number and moves everything to a new account, does your credit report now say that the old account is closed and you just opened a new account? I’m trying to figure out if you lose your old credit history when you do this—-especially if this is an account you’ve had for a while, and therefore is one of your oldest accounts since alot of credit is based on how long you’ve had things.
if you lost your credit card and had requested a new one, your credit report will say that that account is lost/stolen card and closed. You will not lose your credit history. It will still say when you had initially open it even though you were issued a new account number. so don’t worry .
is it a credit card or a debit/check card?
Yes. It shows the old account as closed and a new one opened. You don’t “lose” your credit history.
The history goes with your new account number. You should also put it on fraud alert through Trans Union Fraud Dept. Their toll free # 1-800-680-7289. They will notify the other 2 bureaus. It has to be renewed every 90 days in order to keep it active. Better to be safe than sorry later.
It should not have a negative impact. Usually the company marks it closed, indicates the payment status, and issues a replacement card with a new number which will show as a current account on your report. If you think there is one on your report, contact the creditor and the credit bureau for resolution.
Also, a good resource is this one…
Take care.