How are payments reported late to credit bureau? Minimum Amount Due vs. Past Due.

clbx162 — Wed, 17 Oct 2018 03:13:24 GMT

My question is this, it is now October 17th, and I have not paid the remainder of the minumum due for Oct 16th. Am I going to be reported as 30 days late, although I cleared my PAST due balance of $155, but didnt pay the complete NEW minumum amount due ($330) by October 16th?

I hope this makes sense.

Thanks in advance!

Re: How are payments reported late to credit bureau? Minimum Amount Due vs. Past Due.

Anonymous — Wed, 17 Oct 2018 03:17:59 GMT

You shouldn't be. You paid the previous month's payment... Even though it was late it wasn't 30 days and thus it can't be reported as such. That makes the next payment what matters, meaning you have another 30 days (past the due date) to pay that before the second payment would result in a 30 day late reporting.

topic Re: How are payments reported late to credit bureau? Minimum Amount Due vs. Past Due. in General Credit Topics

How are payments reported late to credit bureau? Minimum Amount Due vs. Past Due.

Re: How are payments reported late to credit bureau? Minimum Amount Due vs. Past Due.