Credit card closure on Yedda - People. Sharing. Knowledge.

Credit card closure

I received a letter stating that my credit card was being cancelled because a new company took it over and I dont meet their criteria for card issuance. This card has never been paid late and every payment was more than the minimum due. I was in the process of starting to look for a home to purchase and was wondering how badly this closure is going to affect my credit score and for how long??? Julie

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