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re: Couple of questions about syncing up credit card payment dates
Posted on 8/22/17 at 3:17 pm to Huey Lewis
Posted on 8/22/17 at 3:17 pm to Huey Lewis
If you pay the statement balance then you won't be charged interest.
It is just referring to the fact if you say, you charged up $100 due on the 1st, move the date to the 15th, and don't pay, then of course you will be charged more interest to cover that new 15 day period where it accrued.
They don't try to screw you over by having you change the due date but making you guess what the old date was and hit you with interest from left field if you don't pay.
Usually, I believe the due date stays the same for present statement cycle and doesn't switch until you make that payment anyways.
It is just referring to the fact if you say, you charged up $100 due on the 1st, move the date to the 15th, and don't pay, then of course you will be charged more interest to cover that new 15 day period where it accrued.
They don't try to screw you over by having you change the due date but making you guess what the old date was and hit you with interest from left field if you don't pay.
Usually, I believe the due date stays the same for present statement cycle and doesn't switch until you make that payment anyways.
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