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Old Oct 1, 2002 | 8:27 am
  #8  
eMailman
 
Join Date: Feb 2000
Location: (SMV) St. Moritz, Switzerland
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And then when they send you the change in terms, you notify them that you do not accept, they cancel your card (which is OK with me) and then your credit report is marked as account closed by credit grantor, and your score is lowered.

Both Fleet and B of A have done that.

Lesson to be learned - close the account.
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