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What is Scheduled Payment on a credit report?

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this
New Member

What is Scheduled Payment on a credit report?

Hi,

 

I've gotten my reports from Equifax and TU. Balance for the only revolving credit card I have is correctly showing $30, (I charge the same amount each month) which I PIF.

But, there is a row that says Sheduled Payment Amount. This says $25 although I paid $30. Does Scheduled Payment just mean minimum payment on the bill (because that's also $25), and not the actual payment I made? Or is this an reporting error?

Thanks!

Message 1 of 3
2 REPLIES 2
09Lexie
Moderator Emerita

Re: What is Scheduled Payment on a credit report?


@this wrote:

Hi,

 

I've gotten my reports from Equifax and TU. Balance for the only revolving credit card I have is correctly showing $30, (I charge the same amount each month) which I PIF.

But, there is a row that says Sheduled Payment Amount. This says $25 although I paid $30. Does Scheduled Payment just mean minimum payment on the bill (because that's also $25), and not the actual payment I made? Or is this an reporting error?

Thanks!


Yes, as reported by the lender

Message 2 of 3
this
New Member

Re: What is Scheduled Payment on a credit report?

Great; thank you!

Message 3 of 3
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