Stop RUINING Your Credit Score (2025) | Tips & Tricks

Here are 9 MISTAKES to avoid, along with tips and tricks, to build or fix your credit score in 2024! Whether you’re looking to buy a house, car, or even get easy approvals for amazing cash back, travel, and premium credit cards, credit scores play a huge role.

That said, we can all make mistakes, myself included! And so in this video, we’ll break down tips across the 5 major categories of what makes up your credit score, 9 MAJOR mistakes to avoid, as well as my experience along the way!

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[KevinYang]

Have you made any of these mistakes and hurt your credit score? Are there any tips I'm missing? Let us know down below!

[galato]

Thank you for your videos. How can affect my credit score when I apply for a new credit card when I pay in full all my credit cards before the closing date? I report $0 balance each month. Thanks.

[e-spy]

Question: Why did my 848 credit rating go down to 823 when I paid off my house??? NOTHING else changed! Is it because I don't owe anyone anything anymore?

[ericmonroe]

I just started taking it seriously within the last year. But in the past i have opened store credit cards for 1 or 2 purchases and closed them after a year because i wasnt using them. The best thing i did was get my 1st card when i turned 18 and still have that one (15 years). I got a little carried away last year opening 4 new cards as i am trying to build my cashback setup. Aiming for a freedom flex and a savor one this year. I will probably end up closing some of the cards i opened last year as i find the right cards for my lifestyle over the next couple years. Score on credit karma is right around 780.

[MontyTheCardNerd]

Very comprehensive overview! I love the parallel you drew between banks lending to us & us lending to friends ... really helps us to empathize with the banks' ways (if that's at all possible).

[Thecreditcardconnection]

Thank you Kevin for this valuable info! I love that you put it in layman’s terms! I really appreciate it!

[MikeMaye]

These are great tips! I've definitely spiked my utilization up as most of us do. My oldest card was a Bank of America I opened and at the time just $1, 000 CL its now my oldest card 17 years later and I will never close it... Great vid Kevin💥

[dabaydestrian]

My gf has 6 credit cards, and a 810 credit score. How did she get that high with no loans, or mortgage, nothing but credit cards

[michaelmorris]

they give you credit and then penalize you when you use it smh!!! I made this mistake over the holidays and seen my score drop like 50 points even though I paid all the balance before the due dates!! how is this even fair?

[Appreciatethebeauty]

That's what's going to happen to me soon😂😂😂😂

[Appreciatethebeauty]

I got like 7 cards in 1 year 😂😂😂im totally screwed no one else wants to give me money 😢😢😢