What does this mean

[Rkalynsmith]

Status:  Open/Never late.
Is the high balance good or bad? I paid it off before the statement which it shows but why would it report the balance before i made the payment?
Date Opened:  10/2013 Date of Status:  12/2013 Reported Since:  11/2013 Last Reported Date:  12/2013	Type:  Credit card Terms:  N/A  Monthly Payment:  $5 Responsibility:  Individual	Credit Limit:  $200 High Balance:  $173  Recent Balance:  $5 Recent Payment:  $168

[juggalo9er]

it is just a report on the maximum you have owed that creditor and has little bearning imho. the thing that will affect you more immediately is your reported utilization, which in this case is the $5 to the right of the report

[FocusedAndDetermined]

It merely reflects the highest you've ever charged on the card.  Since you paid if off and your recent balance is $5, don't worry about it.

[Rkalynsmith]

Okay thank you guys! 

[LearningMoreAboutCredit]

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@Rkalynsmith wrote:

Status:  Open/Never late.
Is the high balance good or bad? I paid it off before the statement which it shows but why would it report the balance before i made the payment?
Date Opened:  10/2013 Date of Status:  12/2013 Reported Since:  11/2013 Last Reported Date:  12/2013	Type:  Credit card Terms:  N/A  Monthly Payment:  $5 Responsibility:  Individual	Credit Limit:  $200 High Balance:  $173  Recent Balance:  $5 Recent Payment:  $168

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It may be helpful when you request a CLI as your lender will see you've used nearly all of your available limit but that is very YMMV.  Otherwise, nothing to worry about.

[FinStar]

As the others mentioned, nothing to worry about.  An item to keep in mind, this value is incremental.  So, as you get CLIs that allow you to override the previous High Balance, then the new value will be reported.  It simply gauges the amount of your highest balance reported on that tradeline.