How is this possible??

[gotpigs]

Affirm is shady but we all know that🙄. I was told twice after making payoffs to my accounts (there were 5) that I was clear. Well, guess what? I was slapped with a collection notice for $75 because they missed one! I paid that off that day. Then I get on Experian (in which they are still disputing so it says) and the reporting says 60 days in May and 120 days in June! How can that possibly be correct?!?!

[Greenivy]

What are they disputing?

[FireMedic1]

Probably trailing interest. Its known to happen on CC's also. PIF isnt always PIF on credit accounts.

[gotpigs]

I was disputing the fact that the accounts were paid when they still showed open. It's been about 2-3 weeks. 4 showed closed now from an update but 1 remains.

[FireMedic1]

It occurs when you carry a credit card balance from one month to the next. It builds up daily between the time your new statement is issued and the day your payment posts. Since it accrues after your billing period closes, you won’t see it on your current statement. So, even if you pay your current statement amount in full, your next statement may come with a surprise: you still owe accrued interest. Its usually buried in the terms fine print.