this will hurt your UTIL, as you are killing your overall CL. if you keep a zero balance it wont matter as much. but, as a whole you will be lowering your total available credit, thus any spend will increase UTIL against the total. id recommend NOT doing that yet, until you can increase the limits on your newer cards.
congrats on the newer cards by the way.
Do either of the two cards you wish to close have annual fees? If not, I'd leave them open, and focus on paying off all of your CC debt. Closing the cards will not give you an advantage and until your CC debt is paid off closing them will increase your total CC utilization, which is not good.
When you get your debt paid off, there's no problem with closing them, as long as you will still have three credit cards after they are closed.
If they do have annual fees, circle back with us and we can figure out the best plan. The folks here will need in that event to have a complete list of all your cards, their balances, and their credit limits.
Totally agree with creditguy...if there are no annual fees or very low ones....Take those cards and put them away somewhere. I have a 2nd wallet full of cards I wont use sitting in a box in my closet. They are $0 and no annual fee but help my overall credit limit as well as age of my accounts.
I'd get rid of LendUp and its fees while keeping Capital One. This gives you the three cards that scoring likes. And it gives you a Visa/MasterCard option for places where AMEX isn't accepted.
I woudn't be overly concerned about utilization in the short term. Once your debt is paid, it won't matter that the additional limit from LendUp is gone.