I am thinking of closing one of my credit cards, will that help my score?

No, we never recommend closing a credit card to help your credit score. It may sound like a good idea–cleaning up your credit profile by getting rid of old or unused credit cards—however, credit scores consider something called a “credit utilization ratio”. This ratio looks at your total used credit compared to your total available credit. The higher this ratio is, the more negative impact it can have on your credit score. By closing an old or unused card you are essentially removing some of your available credit and thus raising your credit utilization ratio.