There is a lot of bad credit and debt advice out there. We see it on YouTube, and Twitter, and Reddit, and in personal finance blogs. And it seems that one of the most popular areas to give bad advice is on how to improve your credit score.

So, today, Scott Terrio and I are going to share and debunk the bad advice you can get on the internet for improving your credit score. Some of the bad advice we discuss:

1. Raise your credit limit
2. Have many credit cards
3. Have a 30% utilization on all of your credit cards
4. Don't pay off your credit cards early
5. Show credit growth – get a new card every few months
6. Take out longer loans
7. Start getting credit cards as a student