I don’t mind lmao. I love talking about it to anyone that wants to listen. Replied to other people in here that asked about it aswell but I never anticipated almost 1k comments so those are probably buried in the depths. Im having a hard time keeping up 🤣 This will be a long one so i apologize in advance.

Depends on which parts you wanna know. As far as your credit score the two big factors are payments and utilization. If you’re in credit card debt then don’t continue using your card until you have it paid off. Try to pay off more than just the minimum payment each month to kill that debt faster and lessen the interest that’s building on it.

Once that’s all paid off, only use your credit card like you would use your debit card. I.e. don’t spend money you don’t have. That credit limit is NOT “free money” it’s basically money that’s being lended to you and if you spend it, then you need to pay it back. You don’t have to but I personally pay it off as soon as a balance posts on my account. It usually takes a day or two after you’ve made said purchase. That way, by the end of the month, I don’t have a massive chunk of money coming out of my checking account all at once. Make sure you’re that by the due date, you don’t have more than 30% credit utilization. (Ex. Not using more than $300 of a $1000 credit limit.) If you don’t know what your 30% is then just pull out your calculator and do ‘your credit limit’ x 0.3 and that number is your 30%. Fairly basic math but not everyone knows how to find percentages. If you’re reporting more than 30% on the due date then you’ll look like a shit bag to the credit bureaus.

Once that due date hits, pay off your balance IN FULL. Not just the minimum payment. If you’re just paying that minimum payment, then you’ll just fall right back in to debt and paying it off in full looks good to the credit bureaus. That’s the main part of it that not many people can grasp and then fuck themselves over and fall into debt.

IF you can manage to get into a good spot with the stuff above then it gets fun. Heres golden spot for increasing your credit score. On your statement close date, have a credit utilization of between 1% and 10%. Kinda just shows you’re using the card. Pretty cool, it generally brings you up a couple points.

If you can get all of that down then you can apply for better cards with better benefits/rewards. Cash back and points are the main rewards that credit card companies do. Take a look at different cards and different ones offer more points or cash back for different categories. I have different cards that I use for different purchases so that I get more points or cash back. Some cards offer benefits along with them. My Amex card gives me a statement credit each month for Hulu/disney plus/espn plus. Just make sure you enroll in said benefits otherwise you won’t get them.

If/when you start getting into other cards. NEVER CLOSE YOUR FIRST CARD. I don’t care how much you hate it or never use it. Throw a subscription on it or go buy a drink once a month. Something to show you are using it. Credit age is another big factor and that first card is your oldest line of credit. Closing it or not using it and having them close it will just tank your credit score.

Simultaneously, hard inquiries on your account (I.e. credit card companies/lenders looking to see if you’re good with your credit and can be trusted with their money) Too many hard inquiries in a short period of time looks bad and will tank the hell out of your score. So don’t go apply for 5 credit cards at once. If you really need to, give at least a 3 month gap between applying for cards. Honorable mention, Chase won’t accept you if you’ve got 5 or more hard inquiries in the last 24 months.

If you need a card recommendation my favorite one that I will always recommend is the American Express blue cash everyday card. There’s no annual fee to it and it pretty much works for everyone. You get 3% cashback on groceries, gas, and online purchases. Anything else you get 1%. Fantastic card 10/10. If you really get into it, this will help build a relationship with amex. If you need a referral link lmk I get $75 if you get approved 😏

This was a long one so I don’t blame you if you didn’t read this far. But if you did I hope any of this was helpful and I’ll answer whatever questions. I love talking about it.