Apple Card

[Anonymous]

I was denied... reason was 

• Your credit balance is too high relative to your credit limit

what does this mean? They pulled Transunion score 739

[Anonymous]

Balance/Limit = utilization 

You have excessive reported balances in relation to your credit limits

[AllZero]

As above. Perhaps, reduce your reported individual and/or aggregate utilization to improve your approval odds.

[OmarGB9]

It means your balance is too high in relation to the total limit on the card. What is the balance and limit on your card?

For example, if your limit is $1,000, and your balance is $900, you're at 90% utilization, which is far too high.

[Anonymous]

None of my current credit card balances are high, All are paid down... except my student loans but they are not past due or reporting negative..

[Anonymous]

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@Anonymous wrote:

None of my current credit card balances are high, All are paid down... except my student loans but they are not past due or reporting negative..

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It doesn't say credit card/revolving balances, so it could refer to your loans

The principal is usually the limit, while the current balance is the balance.