I have heard some people say that one of the factors lenders consider is the maximum amount that you have ever owed at one time. This appears on your credit report as the "highest balance" (1,2) or "high credit" (3,4). Is this true? It's not mentioned in most credit overview web pages.
I am aware that having high credit utilization (amount owed / credit limit) hurts your credit score. If having had a high maximum amount borrowed is beneficial, would the benefits of having a one-month high balance outweigh the negative effects of high credit utilization during this month if credit utilization was low for a full year after this event?