Could making a large purchase on a 0% APR card affect one’s credit score?

Could making a large purchase on a 0% APR card affect one’s credit score?

1 Expert Answer

Wendy Habegger, PhD

Lecturer in the James M. Hull College of Business,  Augusta University

A large purchase indirectly impacts one's credit score based on credit utilization. If one uses more than 30% credit utilization, it could impact credit scores.

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