Credit scores made simple (finally explained) 💳

Let’s be real — credit scores can feel like a secret code.

You check it, see a number, and think: “Okay… but what does that even mean?”

Don’t worry — here’s the simple version 👇

💡 Your credit score = your financial reputation.

It tells lenders how likely you are to pay back what you borrow.

Scores range from 300–850:

So… what actually affects your score?

1️⃣ Payment history (35%) — Pay on time. Always.

Even one missed payment can hurt your score.

2️⃣ Credit usage (30%) — Don’t max out your cards.

Try to keep your balance under 30% of your limit.

3️⃣ Credit age (15%) — The longer your accounts stay open, the better.

4️⃣ Credit mix (10%) — A combo of cards, loans, etc. helps show you can handle variety.

5️⃣ New credit (10%) — Too many new accounts at once can lower your score temporarily.

Here’s your challenge this week:

Check your credit score (you can do it free with Credit Karma, Experian, or your bank app).

Then pick one thing to improve — maybe lowering usage or paying off a small balance.

Remember: your credit score isn’t who you are — it’s just a snapshot.

And you’re in control of how it changes. 📈

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