payment due date vs closing date

Closing Date, Due Date Play Role in Your Credit Score. There are two critical dates to be aware of when it comes to credit cards. Closing date – when your credit card balance is calculated . This is the number reported to the credit bureaus as your monthly balance.

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What is a statement end date, start date, or due date? Sometimes the end date can appear to come from after the due date? How is this possible? These designations can be very confusing for those.

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Water bills and sewer charges also must be paid up to date when you sell your home. All outstanding bills are due and payable at closing. Amounts vary depending on local water/sewer rates and payment.

Best Answer: Charges after the closing date show up on the next statement. The due date is about 20 -25 days after the closing date. stop worrying about the closing date. Just pay the balance in full by the due date. You have an interest free grace period between the purchase date and the statement due date.

– Benefits of Closing at the End of the Month: When is Your First mortgage payment due?. One way to help cut down those costs is to choose a closing date later in the month.. LendingTree, LLC is known as LT Technologies in lieu of true name LendingTree, LLC in NY..

The closing date is the last day of your billing cycle, which is also the date that a new statement is generated and sent to you. The statement will tell you the due date and the amount you need to pay. Just pay the "statement amount" by the due date and you’ll be fine.

credit card payment due date vs. closing date: a question. – Best Answer: Charges after the closing date show up on the next statement. The due date is about 20 -25 days after the closing date. stop worrying about the closing date. Just pay the balance in full by the due date.

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