Credit Game 101: Timing Is Everything!!
Автор: Respect My Blueprint Podcast
Загружено: 2025-10-13
Просмотров: 20
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Want to be smarter with your finances? 💰 This video breaks down how credit cards work 💳 and why knowing your statement closing date 🗓️ is crucial. Understanding your payment history 📈 and following smart credit practices ✅ can massively boost your credit score ⭐ and level up your financial education 📚🔥.
💳💡 Want to be smarter than 99% of people when it comes to credit?
Here’s the game: TWO DATES matter most 👇
✅ Payment Due Date ➝ Avoid late fees ⏰
✅ Statement Closing Date ➝ Reported to the bureaus 📊
Example: Your due date is the 11th, statement closes on the 16th. You pay on time — great. But then you spend $5K before the 16th? Guess what… that $5K gets reported 😳 and your utilization spikes, dropping your score.
👉 The Blueprint: Pay off your card 1–2 days before your statement closes to keep utilization LOW and your score HIGH. 🔥
Remember — Payment History + Utilization = 65% of your credit score.
Play the game smart. Stay elite. 🏆
📲 Follow True Credit Solutions for more insider tips on how to master, build, and leverage your credit.
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