Originally Posted by
jerry305
Thanks, imverge.
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.
Payment history has been solid.
Don't cancel anything especially the older cards.
If she can pay off the balance so that it reflects as ZERO before the statement cut-off date that would be even better as it will be reported on her credit file as $0 owing.
Have her apply for the loan as late as possible. That way more time has gone by and hopefully, a statement or two has been generated and updated with credit bureau which will only improve her score.
Once she has secured the car loan ... go ahead churn churn churn
