Davyvfr wrote:So 6 months of high credit utilization due to a 0% interest offer will hurt a credit score? Then, there is no point of financing anything. Take for example Apple's Barclaycard which offers 3, 6, or 12 month financing.
To clarify: your score is hurt by the high utilization, while the utilization is high. Run up a balance, and carry it for six months, your score will drop during those six months. Pay it off in month seven, and your score will bounce up. There's no memory in most credit scoring systems, they only care about the current instant's utilization. So if you're planning on applying for something else during those six months, you might have problems, but if not, it doesn't matter.
Negative items -- lates, collection accounts, bankruptcy, etc -- are negative as long as they're on the report.