Ok so I'm in the market for a new Apple computer all decked with all the trimmings and it's going to be about $5200'ish. Now I'm usually one to pay in full every month save for a couple of exceptions and my current cards are NFCU ($25K), Amex Blue cash preferred ($24K), Chase Freedom ($5K), and BOA ($5700) and my scores are below; so heres my questions....
1.) I'm definitely not going to be able to pay in full for this one after the first statement... it will probably take me 3 statements to pay it off. How bad is it really if you don't PIF for a large purchase? How bad does it really affect my credit for a large purchase like that to end up on my statement?
2.) I know utilization is a big part of the score however is utilization but is it total utilization accross all cards or is it utilization for each individual card? And would splitting the purchase accross my 2 highest CL cards make a difference at all?
3.) I've never really had a store card before but I was wondering if applying for Apple store credit would be a better option? Not sure how generous or stingy they are with limits. Also not sure if the hit of a hard pull would be worse than high utilization?
Anyway at the end of the day I'm wondering what my best options are given my scores and CL's...
THANKS in advance for any input 
Current Score: TransUnion (820) Equifax (818) Experian (823)
@itpromike wrote:Ok so I'm in the market for a new Apple computer all decked with all the trimmings and it's going to be about $5200'ish. Now I'm usually one to pay in full every month save for a couple of exceptions and my current cards are NFCU ($25K), Amex Blue cash preferred ($24K), Chase Freedom ($5K), and BOA ($5700) and my scores are below; so heres my questions....
1.) I'm definitely not going to be able to pay in full for this one after the first statement... it will probably take me 3 statements to pay it off. How bad is it really if you don't PIF for a large purchase? How bad does it really affect my credit for a large purchase like that to end up on my statement?
2.) I know utilization is a big part of the score however is utilization but is it total utilization accross all cards or is it utilization for each individual card? And would splitting the purchase accross my 2 highest CL cards make a difference at all?
3.) I've never really had a store card before but I was wondering if applying for Apple store credit would be a better option? Not sure how generous or stingy they are with limits. Also not sure if the hit of a hard pull would be worse than high utilization?
Anyway at the end of the day I'm wondering what my best options are given my scores and CL's...
THANKS in advance for any input
the Store card from what I can tell is just a Plain Visa card with terrible APR% but if use it to finance your MAc you have like 20 months to pay it off with no interest or something. My opinion is specially if your planning to pay it off in 3 months carrying that balance isn't "Bad". Just make sure your other cards report as PIF
@elim wrote:does barclays apple card give 0% for apple products purchased anywhere? or only at apple store?
Good question I'm not 100% positive but I am pretty sure it's just Apple.com purchases.
@elim wrote:does barclays apple card give 0% for apple products purchased anywhere? or only at apple store?
I am 99.99% sure it is only at the Apple store and from I read about it when I was buying an iPad in December is only once as well.
- Get 18 months special financing on your first Apple purchase $1,999 and over. If balances are not paid in full within 18 months, interest will be charged from the purchase date. The purchase APR will be 22.99% or 26.99% variable, based on your creditworthiness.
- Get 12 months special financing on your first Apple purchase between $499 and $1,998. If balances are not paid in full within 12 months, interest will be charged from the purchase date. The purchase APR will be 22.99% or 26.99% variable, based on your creditworthiness.
- Get 6 months special financing on your first Apple purchase under $499. If balances are not paid in full within 6 months, interest will be charged from the purchase date. The purchase APR will be 22.99% or 26.99% variable, based on your creditworthiness.
- The purchase APR will be 22.99% or 26.99% variable, based on your creditworthiness. This APR will vary with the market based on the Prime Rate. See Offer Details below for more detail.
Looked at it again and it says Get Blank special financing on your "First" Apple purchase so to me it sounds like your first purchases at those prices annd thats it. First financing for 6 12 or 18 months and that is it
I would suggest the Best buy Store card since you get points back and financing of 12 months for the any purchase at Bestbuy no matter what you buy there once you hit the spending threshold of like $150 for 6 months or $399 + for 12 months.
Amazon has something similar as well and you can use it on purchases on amazon in general
