Originally Posted by
jerry305
She has two cards that are several years old, an SPG Amex from last year, and two cards in the last month. For the new cards, she'll make the spend required for the churn and then probably not a lot more.
Cancelling older cards would lower the average age which would lower the credit score, not increase it. It would also increase the ratio of debt to limit which could also be bad, unless you pay the cards off just before statement posts. The recent hard pulls you can really do nothing about except for waiting it out, I believe after 2 or 3 months it won't have much impact. Right now I'd just hold off and only cancel/lower credit limits if they request it.