Reply
Established Contributor
Posts: 840
Registered: ‎12-09-2012
0

Any one else have a isue with July statement from chase?

Something isnt right:

 

June Statement:

No new charges

Payment due: 234.00 6/13/13

Paid: 250.00 5/13/13

Interest charged: 163.80

 

Purchase Interest of 29.99% on 4,176.59 =102.94

Balance transfer prior to 7/13/10 24.24% 3,054.26=60.86

 

July Statement:

No new charges

Payment due: 238.00 7/13/13

Paid: 250.00 6/13/13

Interest charged: 168.04

 

Purchase Interest of 29.99% on 4,274.31 =108.87>>>>>>> this went up ...no new purchases..... in 3 months..

Balance transfer prior to 7/13/10 24.24% 2873.90=59.17>>>>>> this came down

 

 

12/4/12 TU 589 MyFico ~EQ 579 MyFico ~EX 577(Fako)
1/15/14 TU 665 | EQ 648 | EX 655 ~Myfico scores
1/29/15 TU08 666 | EQ08 676 |EX08 655 } EQ04
My Wallet: Cap1 3,500K ~FH 950 Credit One 1300~Orchard Bank 2000~ Matrix 400 ~NFCU nRewards 18K~NFCU Cash Rewards signature| 8K ~Care Credit 3,500
Last Negs to fall off: 2-Cap1 CO's PD (fall off 1/17)~Foreclosure (fall off 1/16)
Valued Contributor
Posts: 1,568
Registered: ‎09-15-2012
0

Re: Any one else have a isue with July statement from chase?

I can't be absolutely sure based on what you posted - but you are barely paying more than the minimum so depending on how the payment is applied, your balances aren't going to be moving very much. Your last statement included the end of April and beginning of May and April only has 30 days. This statement included the end of May, which has 31 days. It could very well be right because of the timing on your payments and the fact that your interest accrues more and more on each day. Since there were more days in this statement period, your interest would be higher.

Right or wrong amounts, that's a lot of interest.

In My Wallet: Amex BCP (12/12) $22.200, Cap1 Quicksilver (6/12) $14,000, Chase CSP (4/14) $12,000, Barclaycard Rewards (5/13) $10,500, Citi Forward (12/12) $9,600, Chase Freedom (12/12) $5,000

Last App: April 2, 2014
Valued Contributor
Posts: 1,339
Registered: ‎09-11-2012
0

Re: Any one else have a isue with July statement from chase?


SnackTrader wrote:
I can't be absolutely sure based on what you posted - but you are barely paying more than the minimum so depending on how the payment is applied, your balances aren't going to be moving very much. Your last statement included the end of April and beginning of May and April only has 30 days. This statement included the end of May, which has 31 days. It could very well be right because of the timing on your payments and the fact that your interest accrues more and more on each day. Since there were more days in this statement period, your interest would be higher.

Right or wrong amounts, that's a lot of interest.

I agreed.

2013 Approvals: Discover IT - 3/1, Amex BCE - 3/4, CSP - 5/4, Barclay Ring - 6/12, BoA Privileges Cash - 6/27, Citi TY Preferred - 8/6, OCCU Duck - 11/4, USBank (Cash+) - 11/22, Wells Fargo - 12/21, Nordstrom - 12/29

12/19/2013, $100k+ Available Credit. Total Util: 0-1%
Frequent Contributor
Posts: 314
Registered: ‎03-25-2013
0

Re: Any one else have a isue with July statement from chase?

[ Edited ]

Payments are usually going to be applied to the lowest interest rate; hence your Transfer balance went down.  Meanwhile your Purchase may increase.  I think the payment may be allocated such that it only covers the interest; hence leaving you with the same principle to be hit with interest - maybe for a day longer this month.

 

ETA:

My gosh, can you transfer to a decent rate?

 

FICO EX 807, 2014 Nov; FICO EQ 836/900 (Citi), 2014 Dec; FICO TU08 826, 2015 Jan.

BofA Cash Rwrds Sig V 2013 10k; Fidelity Rewards AmEx /BofA 2013 15.4k; Chase Freedom Sig V 2002 24.1k; Chase Amazon Rwrds Sig V 2011 8k; Sam's Club MC 2002 10k; Dscvr It 2012 10k; Citi Dvdnd Plat Sel V 2013 8.9k; PenFed Plat Rwrds V 2013 20k; AmEx Blue Sky 2013 11.3k; AmEx BCP 2014 24.1k; Priceline Rwrds Sig V 2013 8.7k; PayPal Xtras GE Cap Plat MC 2012 5k

Established Contributor
Posts: 840
Registered: ‎12-09-2012
0

Re: Any one else have a isue with July statement from chase?

This is DH account, 2 cards have did a decrease in CL and it wasnt until I did a big chunk payment, so doing anything fast and drastic with chase makes me leary.

Otherwse I could BT and have t at zero. But the BT would then show as a new limit on a CC and might scare them or the other 2 to close the cards or drasticly decrease the CL.


 

 

12/4/12 TU 589 MyFico ~EQ 579 MyFico ~EX 577(Fako)
1/15/14 TU 665 | EQ 648 | EX 655 ~Myfico scores
1/29/15 TU08 666 | EQ08 676 |EX08 655 } EQ04
My Wallet: Cap1 3,500K ~FH 950 Credit One 1300~Orchard Bank 2000~ Matrix 400 ~NFCU nRewards 18K~NFCU Cash Rewards signature| 8K ~Care Credit 3,500
Last Negs to fall off: 2-Cap1 CO's PD (fall off 1/17)~Foreclosure (fall off 1/16)

Get a myFICO recommended credit card

Copyright ©2001-2013 Fair Isaac Corporation.
All rights reserved.

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions based on Experian or Equifax data (additional FICO® Score versions based on TransUnion data are not currently available on myFICO.com). Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.