Credit Scores Made Simple: Utilization, On-Time Payments, Secured Cards, and Myths to Ignore

30/09/2025 9 min
Credit Scores Made Simple: Utilization, On-Time Payments, Secured Cards, and Myths to Ignore

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Episode Synopsis

Your credit score is your financial reputation. In your 20s, every decision counts. Michelle explains how credit actually works and gives you a clear playbook to build trust with lenders: pay on time, keep utilization low, be intentional with new accounts, and start with a secured card if you are new to credit. We also bust common myths so you stop leaving money on the table with high rates and deposits.What you’ll learn:• What affects your score most and how to improve it fast• The utilization rule of thumb and how to stay under it• How to use a starter or secured card the smart way• Credit myths to ignore so you do not sabotage your progressWant step-by-step guidance to build great credit with confidence? Finance 101 drops on October 20th. Join the waitlist for 20% Off Now https://womeninwealth.myflodesk.com/waitlist-finance101Connect with Michelle: https://www.instagram.com/women_in_wealthLearn more about Women In Wealth: https://womeninwealth.co/