utiltization question

[swpopham]

I know its been asked before but to keep it up on search results I got a question of my own.

Most of our cards will report with some balance on them. Then the bill will get paid.. This weekend I used our new ben bridge account and bought a watch. The lady asked what my open to buy was and I said somewhere around 12k she looked it up and said no problem you got enough to buy your watch on 0% 24 months. Im going to push a payment threw early because 1. I dont know the exact line that will report. 2. I dont want it to report with 99% usage by some chance. So if this reports say 80% it should not hurt me? I want to take avantage of the promo and not pay interest on this. So should I just make sure most of our cards report a 0 balance? I think we both (me and the wife) have a stable enough history and a stable base of lenders that should not take AA. I think total usage might be around 38% give or take.... maybe less depending on the month.

[enharu]

I wouldn't worry about AA.

It is normal (and more common than you think) in America for people to carry a balance just to take advantage of a 0% APR deal.

As long as you are not carrying an absurbly high balances on other card(s), or as long as this amount you are financing isn't absurbly high compared to your income, you are fine.

Even if any bank calls you up for FR, a simple explanation will resolve things. Really, don't worry.

[boomhower]

It will hurt your score.  There are two parts to UT, overall and individual.  Even though your overall UT may be low if it's high on one line it still has a negative effect on your score.  That said, I wouldn't worry about it.  No point in having good credit if you don't take advantage like you are.  I use 0% offers all the time and it typically ends up running a high UT on that line.  I wouldn't worry about AA because one line has high UT. 

[09Lexie]

I plan on doing the same thing with my Sony Financing. When it reports, it will be @60% but I Plan on taking advantage of the 36 month 0% APR - at least for a year. Meanwhile, my other cc balances or well under 10%.