Credit Karma score literally fell 65 points just because I closed my $300 credit card..
I mean seriously how is the math making sense here? I had this card for 3 years, never had a late payment on it or any issues at all.. I barely even used it for the past year because I had another $1500 credit limit on a different card (same company). Why didn’t my credit card company warn me that it was going to drop my score?
My score is still 738 reported by Experian (this is the score that comes with my credit card), but I am freaking out now that it’s about to tank.
Edit: My card is still available to be reinstated. Would reinstating it build back my credit?