Payment Due Date Vs Closing Date

Find your payment due date. To find your payment due date, just click pay bill and select Choose Date.On this page, you’ll see your payment due date and cutoff time.(If you have not received your first statement, we haven’t calculated your due date, so you don’t owe us a payment yet.)

Best Answer: Your payment due date is the date your payment is due on the current statement (sept 4). The statement closing date of this same statement was Aug 7). The next payment due date is for all charges that were made after the current statement closing date (Sep 7) and will be payable on or before Oct 4.

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The later you close, the less interest that’s due the lender. And that means the less cash you’ll need to bring to the table. Mortgage interest is collected in arrears. Consequently, if the loan.

Most people probably know that mortgage payments are due on the 1st of the month, but many loan servicers (those who collect your payments) will allow you to pay 15 days "late" each month. So even though your mortgage payments are technically due on the first each month, you can pay as late as the 15th every month without any kind of penalty.

While the closing date is the end of your statement cycle, the due date is the date by which you must make your payment to avoid a late charge. Your statement will list both of these dates clearly. If there is any confusion or if you can’t tell exactly when your payment is due, call the number on the back of your credit card.

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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.

Dates Payments Are Due. Each card statement also has a payment due date, typically about 25 days from the closing date. A card cycle that closed on the 7th of the month may have a due date of the.