Re: Intro and CC statement question
10-04-2012 03:17 PM
I have found that my due date is about two to three days before my new statement cut date. As long as I pay off my balance the day before my statement date, it will show a zero balance when it reports to the credit bureaus. Even if I can't payoff the card until the day before the statement date, I make sure to pay the minimum payment by the due date to avoid any extra fees. With my experience, the credit cards report the last statement balance to the credit bureaus. I assume that it will vary based on which card(s) you have.
I hope that this is helpful to you.
Starting Score: 624
Current Score: 691
Goal Score: 750+
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