Due Date VS Statement Date | When To Pay Credit Card Bill

Let's take it back to the basics! In today's video we are talking about the due date & the statement date and the difference between both!

thanks for tuning in today! any info you may need will be below.

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links included in this description might be affiliate links. if you purchase a product or service with the links that I provide I may receive a small commission.
yhere is no additional charge to you! this video is not sponsored unless stated in the video! :)

disclaimer: i am not a financial advisor. this is strictly for informational purposes and does not replace the advice from a financial advisor or attorney.

[lenoraStanley_]

I did it and it worked, I’m excited to see my credit report each month.

[michellepadgett]

Hi.. This was very helpful, and I was able to understand it better the way you explained it more than anyone else. Thank you!

[DeuceTheDopeDad]

Why can’t we just have one date?!? 😩The confusion is the scam. 🤣

[clintonrankin]

Good Morning MC!!! First of all I must say that everything you’ve put in your content has helped me rebuild my credit status tremendously. You are absolutely amazing. And I can’t thank you enough. Wishing you and your family the absolute best. Keep shining bright my sister⭐️⭐️⭐️⭐️⭐️

[KEVINTMOORE]

Easy as 1, 2, 3. You did a 🔥 simple job. Thanks so much

[barbarahodges]

Thank you . This information really helped me.

[tonilewis]

Wow, so I pay before the end of the statement date, not the due

[shannonboney]

Do you offer services or just letters? 🤔

[GoogleAccount]

Hello, thank you for the video. I want to confirm the information you are sharing. So, the due date is only for the balance due, and not what is reported to creditors? I have been paying my balance down to 7% by due date instead of closing date so that my utilization ratio is low by due date. It sounds like you are stating that the actual closing date of the statement is when any balance still on the card is reported to creditors?

[tayjones]

I try to pay the whole balance, but Boa only let me pay the due balance and the rest of the balance can only be paid after the closing date which is crazy.

[darrenfrancis]

I wish they would tell me the exact dates of the future billing cycle but instead they tell me the billing cycle after it ends.

But from this video your saying pay off the card in full by the due date but leave under 10% credit utilization by the statement close date

[DSGB]

Statement date is normally due before the actual due date?

[jurneethrulife]

So with capital one my due date is the 16 my statement date is the 21st-22nd and they report 2-3 days after that. So should I pay off my balance by the due date completely and then swipe my card again(a low purchase) before the statement date?

[bbeezcreationz]

So, the statement date is the same every month?