TJ Egan Asked: Help understanding my credit score / finances?

Hi, I am a 22 year old male living in upstate NY. I have been working full-time for almost a year after graduating college. I was a computer science major so I don;t really get how all this credit stuff works.

Right now, my credit score is ' 710 ' … According to FreeCreditScore, the report says 2 factors lowering my credit score are:

– You have too many recent hard inquiries
– Your have too many installment loans

What does that mean? My parents told me to build up credit, so right now I am paying the following:

– Target store card ($500)
– Amazon store card ($1375)
– Bank of America credit card ($2,500)
– Capital One credit card ($2,000)
– Chase credit card ($4,000)
– Student Loans

My car payments are made directly to my dad, as I went through a private seller and am just paying my Dad back. I also have a Time Warner account. I have never had a late payment. Is this good? What can I do to improve my score? Right now I have about $3,600 in credit card debt from college and other things, and about $28,000 in student loans. I have $2,500 in a deferred compensation plan through my job. I make $52,000 a year. Someone be my financial guru and tell me where I stand, and where to go from here?