Join Date: May 2001
Location: Worcester, MA, USA
Programs: AA PLT, SPG Gold, Hyatt Platinum, HHonors, Marriott Silver
Posts: 547
If you read the article carefully, it does not say that cancelling a credit card negatively affects your credit score.
It does say that consolidating a number of credit card balances to just one or two cards and cancelling the others may negatively affect your score, since you will now have a higher outstanding balance vs. credit line on those remaining cards.