17thWhitePrince wrote:Another reason I'm asking is because like this year I made a single item purchase of $2200 through "ArtVan furniture" taking advantage of an interest free opportunity till March of 2018. I financed through them and the CL I was approved of was for 5k. But yeah the utilization on that c/c alone was higher than 30% and I was just thinking to avoid putting so much weight on one c/c in terms of percentage I could get a low interest c/c with a high enough CL to avoid those issues in the future.
Many might disagree...but I would recommend a personal line of credit for this. You will get a much lower interest rate. You can pay with your credit card, take cash against the PLOC and pay the CC on time. You'll get whatever rewards you can squeeze out of it and pay it back over time to the PLOC. I have a few. I haven't used them for this purpose yet - they are for emergencies and I suppose utilization padding which I don't really need either but it doesn't hurt.
Check some out. I assume you'll qualify (if you qualify for one) for a much lower APR than you will on any CC.
Nixon has experience here I believe. Not sure who else.