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NFCU min payment

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Duncanrr
Valued Contributor

NFCU min payment

I ran 4.5k on card and paid 2.3k off before statement cut leaving 2.1k reported. My statement says I don't have a min payment. Is thus because of the large payment I made 3 days before statement cut?


Starting Score: EQ 551 TU 548 CK 607on 6/8/12, EX 542(AMEX pull 3/4/12)
Current Score: EQ 808 TU --- EX --- CK 804(FAKO-EX 821, EQ 823, TU 803)
Goal Score: 750

Take the FICO Fitness Challenge
Message 1 of 11
10 REPLIES 10
Anonymous
Not applicable

Re: NFCU min payment

I have done similar as you did over the last couple statements and got the same result of no minimum payment. So I would assume they count your payments as your making your minimum already.

Message 2 of 11
Duncanrr
Valued Contributor

Re: NFCU min payment

Yet another reason to love NFCU Smiley Wink


Starting Score: EQ 551 TU 548 CK 607on 6/8/12, EX 542(AMEX pull 3/4/12)
Current Score: EQ 808 TU --- EX --- CK 804(FAKO-EX 821, EQ 823, TU 803)
Goal Score: 750

Take the FICO Fitness Challenge
Message 3 of 11
webhopper
Moderator Emeritus

Re: NFCU min payment

I pay NFCU every few weeks, as a result, my credit card and LOC with them never show a "minumum payment" due. Its nice Smiley Happy
FICO 8:
Goal: Gardening!
Message 4 of 11
Anonymous
Not applicable

Re: NFCU min payment


@Duncanrr wrote:
I ran 4.5k on card and paid 2.3k off before statement cut leaving 2.1k reported. My statement says I don't have a min payment. Is thus because of the large payment I made 3 days before statement cut?

That happened to me and I asked about it and was told since I paid so much more than the minimum payment due, no payment was due the following month. Gotta love NFCU!!

Message 5 of 11
john398
Senior Contributor

Re: NFCU min payment

My credit union handles it the same way, got to love CU

Message 6 of 11
distantarray
Established Contributor

Re: NFCU min payment

NICE this should factor nicely into credit / debt / income ratio on your reports =) 


total credit limits $108,400 Credit scores Ex 728 EQ 738 TU 758
Message 7 of 11
Anonymous
Not applicable

Re: NFCU min payment

You guys are making it very tempting to become a member of NFCU.
Message 8 of 11
webhopper
Moderator Emeritus

Re: NFCU min payment


@Anonymous wrote:
You guys are making it very tempting to become a member of NFCU.

If you are eligible, there is Absolutely no reason NOT to become a member.   Your wallet and financial life will thank you for the rest of your life (unless you screw them over)!!!

FICO 8:
Goal: Gardening!
Message 9 of 11
distantarray
Established Contributor

Re: NFCU min payment

I will never screw over USAA, Navy Federal, Amex, Chase anyone else I could careless =x


total credit limits $108,400 Credit scores Ex 728 EQ 738 TU 758
Message 10 of 11
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