Closing dates on CC's

iVillage Member
Registered: 07-25-2008
Closing dates on CC's
2
Thu, 01-22-2009 - 6:15pm

Do the closing dates fall on the same date each month?


I never paid attention to the closing dates on my cc's before but I'm going to look at them more closely and pay according to that.

Taking it day by day...

iVillage Member
Registered: 11-17-2007
Thu, 01-22-2009 - 7:08pm

Closing dates do not always fall on the same day. Sometimes

iVillage Member
Registered: 11-17-2007
Thu, 01-22-2009 - 7:14pm

Ps if you want to save on interest for the next month you pay the closes date after the closing date because as of the closing date they start charging you interest on the daily balance for the next month even before you get the bill. If you pay before the closing date then you have to make another payment after the closing date to have a payment credited for that payment period.


I hope I said that right.


Mary Ann