@Anonymous wrote:
In the next few days I have to buy a lot of things (approximately $3000), which I wont be able to pay off fully until mid august. My available credit is 14,000.
Consider that the generally recommended max for utilization is 30%. As indicated above, $3,000/$14,000 = 21% (assuming no existing or other balances).
Your utilization is calculated for the specific moment in time so you won't damage your credit permanently.. Prior utilization doesn't matter. Prologned high utilization can lead to AA but the amount and timeframe you're talking about should not be an issue.
