I am thinking of buying the new MacBook Pro 16 (2021) with the Monthly Installments. The total price is
much more than 30% of my available credit. Will it affect my credit score as high utilization or as an outstanding balance on the credit card?
This sounds like a good question for TransUnion. We are not allowed to give financial advice and are not financial experts. It is possible that someone here tried that and has an answer but this is beyond the scope of this forum.
Anytime you increase your debt, your utilization will increase. Whether you credit score increases or decreases depends on many more factors than just utilization. There are many free sources online and in your local community that can help you understand our credit score and the factors that affect your score.
Does Apple Card Monthly Installment affect credit utilization rate that can cause lower credit score?
