Honest Finance's video: How Do Credit Cards Affect Your Credit Score

How is your credit score affected by credit cards? Need a new credit card? Visit creditcards.com and be responsible 😎: https://bit.ly/hf_creditcards (click "show more" to see ad disclosure) 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 multiple categories (which I'll cover in this video). Credit cards affect your payment history, credit history, credit usage, total balances and available credit. Each of these credit score categories hold different weight, but your credit cards are a part of them all. --------------- Robinhood Free Stock with Sign Up: ► https://robinhood.c3me6x.net/c/1359622/1156782/10402 Webull 2 Free Stocks (Up to $1,850) with ANY Deposit): ► https://bit.ly/hf_webull M1 Finance (perfect for IRA's): ► https://bit.ly/hf_M1_Finance Instagram: ► https://www.instagram.com/honestfinance/ Advertiser Disclosure: Honest Finance participates in affiliate sales networks and may receive compensation by clicking through the links (at no cost to you). This compensation may impact how and where links appear in this description. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. This channel does not include all financial companies or all available financial offers. --------------- Honest Finance covers a broad range of financial topics that'll give your life and finances more value. Subscribe today for future content and be sure to give this video a like! 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 1:13 Credit History 2:49 Credit Usage 4:21 Total Balances & Available Credit