Complaint / review text:
On 7/21/14, my wallet was stolen. I immediately canceled all debit, payment cards, and credit cards, requesting replacements. I entered fraud alerts on all 3 credit reporting agencies. No fraudulent charges were incurred. No late payments or derogatory remarks have ever been reported to my credit. However, TransUnion slashed my credit score as reported by Credit Karma from 766 to 740, possibly based on charge card companies reducing my credit limits when replacement cards were issued. Credit limits are a non-issue for me since there has never even been a monthly balance on any credit card or vendor charge card. All cards are paid in full each month. I believe the basis used for calculating credit scores is bogus game playing.