How do your credit cards affect your credit score?
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Using a credit card can either help or hurt your credit score, so it's up to you to use them responsibly. Your credit score is highly affected by credit card use in 3 main categories (which I'll cover in-depth in this video). Credit cards affect your credit scores payment history, credit history, credit usage, total balances and available credit. Each of these categories hold different weight on your credit score, but your credit cards can help all of them if they're used properly. However, your credit score can also be negatively impacted if you don't follow these current credit score guidelines.

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Disclaimer: I am not a financial advisor. These videos are for education/entertainment purposes only. Investing of any kind involves risk, so please conduct your own research.

Chapters:
0:00 Intro
0:15 Payment History
1:14 Credit History
2:52 Credit Usage
4:24 Total Balances & Available Credit

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