Nick PerryFounder and CEO of 7 Figure Cartel

No 800 Credit Score? You’re Paying the Price (Fix This Now)

21 Jan 2026 · 1 min

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0:39

Short YouTube advice segment (Nick Perry) about improving credit scores: pay your statement balance by the payment due date to avoid interest, and keep credit utilization at or below 30% (multiply total credit limit by 0.3) to help raise your score for buying property. The speaker frames these as the two most important actions.

Questions this video answers

The statement balance by the payment due date.

30% of your total credit limit (multiply total credit limit by 0.3).

Chapters

Some people are not paying their credit card bills correctly and it's preventing their credit scores from skyrocketing. Not you though. You know how to do this because you follow Nick Perry. See, the two most important things to keep in mind are the statement balance and the payment due date. You need to pay the statement balance by this date to avoid spending any money on interest. After that, you want to look down at your total credit limit. Take the number you see and multiply it by 0.3. This is the max you will borrow on your card because credit bureaus like to see you using 30% or less of your credit limit. By doing so, you'll improve your credit score to buy your first property. So if your credit score is shit is because.