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Thread: Righting a credit mistake by cancelling oldest cards
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Old Feb 8, 2012 | 9:41 am
  #6  
rizwank
10 Years on Site
 
Join Date: Dec 2011
Location: New Orleans on a sabattical. My roots are in Los Angeles.
Programs: Chase Palladium, AMEX Plat, UA Plat, AA EXP, HH/SPG G, PC plat
Posts: 340
Originally Posted by cwilson830
Canceling your new cards won't make a positive difference, per mia's reasoning - it will probably lower your scores.
By reducing the total % of credit used? I'm at a solid 3%; they give me scads of money (spotless credit report in general)...
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