Guitar Center Gear card 4.5k SL

[Talonwildstar]

 I have a band and wanted to get the Bose PA system, got approved for 4.5 k the Bose system costs 3.2 k with 48 month financing... if I buy the system my card utilization on that particular card will be over 60% ....but less than 5% utilization across all credit cards... with that 60+ % on one card hurt my credit score?

[AllZero]

Congratulations on your approval!

[AllZero]

You'll receive at least a 10-15 point penalty for individual utilization crossing 48.9%.

[Talonwildstar]

Thank I was wondering if drives me nuts!! I used to be a manager at guitar center.. we always did everything we could to have the customer max out there card, there’s even a 10% buffer in case they need more... I never knew it hurt there credit score unreal

[AllZero]

Here's a good primer for scoring The Truth about Credit Card Utilization 

[pinkandgrey]

Congrats! If you're not planning on apping for anything else in the near future, I wouldn't worry too much about having one card report high. I have a card that's been reporting significantly higher than usual lately. Just pay it off as soon as possible. 

[AverageJoesCredit]

Congrats . Wow, yeah here max out our card! The nerve of businesses pushing that Its ok , i rock out on myFico, so im a Rockstar😎

[nuohlac]

Congratulations on your approval!!!

[M_Smart007]

Congrats!

[Meanmchine]

Congrats !