Credit utilization is one of the most important — and most misunderstood — parts of your credit score.

In this episode of the Pink Money Podcast, Jerry Williams breaks down how credit utilization works, why it accounts for 30% of your credit score, and how even responsible borrowers can accidentally damage their credit rating.

Using a real-life experience while helping manage his mother’s finances, Jerry explains how credit card balances can quietly exceed limits and negatively affect credit scores. He also shares practical strategies for keeping utilization low and protecting your financial reputation.

Understanding how credit utilization works can help you maintain a stronger credit score and qualify for better interest rates when you need them most.

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