re: Account closed by credit grantor

quote:

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Will it possibly lower because of decreased revolving credit?

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That is the last thing you should worry about. Yes, that will probably make it fall a little bit but the fact that you were behind on payments has vastly more impact. It's like being worried about running a stop sign while the officer is writing you up for DWI.

Unfortunately the damage is probably mostly done at this point. Time will make it fall off the report but it'll be a few years before you see much improvement.

ETA: FWIW, there's nothing you can do about it anyway since the account is now closed.