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 ...