7 Credit Mistakes That Cost Me $100K+ (Don't Make Them)

7 Credit Mistakes That Cost Me $100K+ (Don't Make Them)

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Credit score mistakes hurt your credit score, credit report, and credit utilization. Credit repair starts by fixing these 7 credit mistakes fast. Improve your credit score today.

In this video, I break down:
✅ Why leaving old cards inactive can hurt your score
✅ The truth about credit utilization (and the number you actually need to hit)
✅ Why minimum payments are a debt trap — and the math that proves it
✅ Why cash advances can cost you money the second you take them out
✅ How carrying a balance is silently bleeding your wallet
✅ The #1 reason you're leaving $400–$600/year on the table (mistake #6!)
✅ Why opening too many cards at once can backfire completely

Whether you're just starting to build credit or trying to repair it fast, these mistakes apply to everyone.

📌 Stick around for mistake #6 — it could be costing you more than any other mistake on this list.

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🔗 RESOURCES MENTIONED:
• FICO Score Breakdown: https://www.myfico.com/credit-education
• Average Credit Card Interest Rates: https://www.fool.com/money/research/average-credit-card-interest-rate/
Credit Card Delinquency Data: https://www.stlouisfed.org
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