Does reporting CC lost hurt your credit?

Free4Life11

DIS Veteran
Joined
Apr 26, 2002
Messages
6,688
Does anyone know if reporting a lost credit card hurt your credit? She told me over the phone that they would cancel the card and issue me a new account number, which is what I wanted, but I am afriad this will erase the history I have with my cards. Anyone know?
 
No, you'll be fine. They close the account, but transfer your history on that card to the new account. Not a problem at all.
 
My son had his first CC stolen his 2nd week in college. He quickly called the CC co and canceled that card and they issued him a new card. It didn't affect his credit at all......even though he had only used it once; for books. :)
 

It is listed on the credit report though.. I had one card that I lost several times.. I got my credit report a month or so ago and it listed on there but does say credit card lost or stolen.. it lists it as a separate cc since it has a new #
 


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