10/31/25

21. The Five Components of Credit

In this video, we unpack the 5 key components that make up your credit score and how each one plays a role in shaping your financial reputation. If you’ve ever wondered what really affects your credit score (beyond just paying bills), this is the video for you. You'll learn: What each component means:

📌 Payment History

📌 Amounts Owed

📌 Length of Credit History

📌 Credit Mix

📌 New Credit Inquiries

Including how each component is weighted in your credit score and simple strategies to build and protect your credit score over time.

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22. How to Manage a Credit Card

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20. What is Credit Risk?