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Statement closing date vs. balance due date on your credit card bill! #creditcard #money #debt

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I always pay a few days before the minimum payment date If you have the money why wait to pay the bill off just pay the bill Dont wait until crunch time lol
Comment from : @chrisb3976

I paid mine off by the due date and I still had a roll over of interest For example, I owed $500 by June 1st I paid it off June first and on the next cycle I owed a couple for dollars 😢
Comment from : @CruisinwithCoCo

Too fast slow down
Comment from : @Montrealmum

You did all of that to tell people to pay their freaking bill on their due date? Why are you even here
Comment from : @MzTrvl

I always send in extra money every month So when people ask me about my credit score, I tell ‘em those bitches owe ME money, son!
Comment from : @HydroDiver

Great
Comment from : @Learnenglishwithfarrah

I just have autopay set to pay the statement balance and never worry about due dates
Comment from : @martin4819

Can we just automate "pay monthly statement" and avoid interest?
Comment from : @blixasice

EARRINGS 🔪 🔪
Comment from : @adairgarrett5729

Um how do people not know this???
Comment from : @karakol86

Isn't it kind of obvious - to pay the balance due by the due date? If someone is confused by such a simple thing, what are they doing watching videos about finance?
Comment from : @sobesednik4734

Just pay it off at the end of the month
Comment from : @mikeanzo1954

To make it more simple- make a payment for the balance everyday or at least the end of every week If you can, get a credit card that offers cash back Use your credit card instead of your debit card Do not spend more money on the card than you have in your checking account (spend only what you have) This should boost your credit score quickly and help you make money on things you were already going to purchase If you tend to forget easily, set an alarm to go off at the same time every day or week I hope this helps
Comment from : @SheIsWisdom

Just pay in full on the due date that’s all lol
Comment from : @cheezsticks2071

thanks for this information!
Comment from : @carolynt8864

I’m so dumb I still don’t get it
Comment from : @gabegonzalez7539

That was awesome Thank you!
Comment from : @trishmcelderry4762

I find it easier to try to pay it off weekly of possible if bot i definitely try before the end of the month
Comment from : @mo2890

Just pay your statement balance by your due date and you will not pay any interest
Comment from : @SniperinShadow

All that went over my head
Comment from : @TraapworxInc

You said whole lotta nothing make it simple
Comment from : @niceandflyy

Thanks
Comment from : @MotoTruck3r

Once, I was reading The Intelligent Investor, making trades worth 10s of thousands of dollars, reading Peter Lynch books… Now I’m on YouTube being called Girlie😘 by Rich BFF… 🥲
Comment from : @thecapone45

slow down bij
Comment from : @crankzer97

What balance does the bank report to the credit bureau? Current or statement?
Comment from : @Amysusie-q

Got it! Thank you!
Comment from : @Delishnative

thanks for tips I didn't know it works like this
Comment from : @Ridiclous504

She has the same water bottle I have omg girly slay
Comment from : @Heavensleak945

well what if this is my first due payment? i just got my card this month, first day first purchase on sept 9, billing is on the 12th of every month for some reason it said, but closing date is oct 17th, when is the best day to pay it to boost my score? note: i dont even have a credit score yet
Comment from : @jolie_

She literally said all that to say … I have to pay it by the due date 😂😂😂😂 like duhhhhhh just say that
Comment from : @richierich9838

this is the most bay area sounding girl i've heard today ;-;
Comment from : @DerexArchives

Just pay before due date the entire balance to not pay interest Simple as that No 🧢
Comment from : @iammireyaa

I watched videos here on YouTube on how to fix my credit I went from 323 to 780 in one year or so Now that it’s fixed I can’t afford shit so 😒
Comment from : @pbj0815

Nobody has enough money to pay off their bills
Comment from : @luciferlight5082

Always pay outstanding balance off ASAP
Comment from : @garysantiago5854

It's confusing on purpose
Comment from : @funtimes7305

Why does this need a video There’s a due date and a balance to pay
Comment from : @MS-hb9gn

If you’re such a wizard, you wouldn’t use the credit card
Comment from : @robertwalker9679

This is so important to get down correctly
Comment from : @great2meetyou

Just pay it off in full the last day of the month every month and you’re fine
Comment from : @LiquaFoo

I prefer debit cards but if I needed to get onebrWhich one would be a good starter?
Comment from : @pjlynch3889

Also a note from this: you can keep cc utilization low (around 10) knowing this by paying your partial balance before a statement is generated for the past month So if your balance accrued is over 10 pay down to 10 before your statement gets generated to keep utilization at ideal amount which helps build credit
Comment from : @manicdisciple3884

Is no one gonna mention her sick a** earrings?
Comment from : @mia0791

I'm doing it right after learning from you❤
Comment from : @Bailemos888

I know how this works but this made it confusing like rocket science i wished i never listened to this😢
Comment from : @gelc9041

Autopay my beloved
Comment from : @anonemail8371

Who doesn’t know this? You just read the statement
Comment from : @DaniElle-di4ho

Not me, I use my cc to get the rebate and pay it off immediately after use or within 2 weeks of use max
Comment from : @impactfully5714

Thank you, Bestie
Comment from : @hopeausbyn1734

Credit cards are for hotel, car rentals, and airline tickets Otherwise it's used to keep people poor
Comment from : @ArabellaPottery

If you don't keep that, you probably shouldn't have credit card
Comment from : @Sunshine-ms8ce

Love the earrings 🥰
Comment from : @yolow4922

Your earrings are EVERYTHING 🤤 ❤❤❤
Comment from : @MsMortician

Can we get married ?
Comment from : @arturorobles1989

Yes im sorry y have not pay attention to them so im not going to make a payment y don't have any u dont like them u don't like the interest and y don't l ike them because they are a caca no interest no credit cards no score no more of them asta la próxima
Comment from : @Amador-u2p

Love your knife earrings
Comment from : @misokatsupomchi8840

When I was a banker I always was explaining that to people
Comment from : @paillette2010

Grace period folks Avoid the hassle altogether with maintaining a very low credit utilization & never carry over a balance month to month, especially on credit cardsnever
Comment from : @ItsTimeMichael

Sick earrings 👂🔪
Comment from : @wolflokie4167

Just use it to pay the stuff you already have the money to pay for and pay it the week afterdisclaimer: this is not financial advice, it's only a YouTube comment for entertainment purposes 😂
Comment from : @CosmicTechASMR

One day there will bea glitch in software and no one will remind about the bill and everyone will have to pay a hefty interest
Comment from : @Guiltfreedelight

I always pay multiple payments every month to keep it paid off and i have no issues and 800 credit score
Comment from : @turboimport95

She’s def not rich
Comment from : @KRTVAPES

Meh, just pay the balance as soon as purchases post
Comment from : @hyugo5136

Does your financial advice apply to people oversees? brbrIm from South Africa so im curious if these things apply to me as well or if its just how things in the US work brbrThank you ❤
Comment from : @MK-_-

I'll knocker
Comment from : @JamielParker-py5ld

Omg ❤ I just love your earrings Had to watch the videos 3 times because I was so captivated by them
Comment from : @marilynflores7649

In some way, you do want some balance it reports to your credit bureau Obviously, pay the whole amount that is due on the statement before your due date Letting the credit card report some balance is good for your credit score There is a difference of what is reported and being delinquent, just to be clear
Comment from : @kito1san

What if it’s pending?
Comment from : @Tommytom559

I learned how to pay my credit card correctly and haven't paid any interest on it in over 7 years, best lesson i learned
Comment from : @stennar214

The man who created the credit card has stated on film/video, " the credit card is a scam"!!!!brbut humanity insists on being the dumbest entity on the planet , so here we are
Comment from : @stoopidhoomons

Smart and beautiful
Comment from : @bam7541

Autopay for the win
Comment from : @Ved3sten

I just canceled my credit card my bank switched all members to, because the credit card company sends out multiple statements a month, it seems to catch you napping I will try Costco's visa card
Comment from : @SamSung-tw3vi

Dont forget to add that by doing this you're contributing to your credit score as well which comes in handy in the future when you want an apartment or need financing etc Also, some banks give reward points for certain type of purchases so you can get additional benefits which may include cash
Comment from : @kitty1977

I just pay off my cards to zero before thedue date This video is very informative Thanks
Comment from : @MidnightSky801

You talk in a very patronizing manner
Comment from : @edwardlopez9061

Or you just put it on auto pay for the balance 😂
Comment from : @grandspartan1176

Don't confuse yourselfjust pay as much as you can to get your balance to 0, but if anything, pay more than the minimum
Comment from : @joelmartinez2278

So always pay off your balance
Comment from : @chuly4541

thank you for this information 🙏 😊
Comment from : @Addigalia

Love your necklaces and content, of course I get confused about pay-off dates 🥴
Comment from : @susanpozanc9944

Just pay off your credit card in fullbefore the bank statement goes out For example if you bank statement goes out on the 21st of every month pay off your credit card on June 18th Make sure you call the bank to make the payment over the phone Takes 2 business days for it to get paid
Comment from : @Allthingsarepossibl3

I am missing something here? Assuming you pay the balance on the statement, you pay the amount for that statement period Who didn’t know this?brbrJust to be on the safe side, I set an alert and pay the entire balance on the account, not just the statement balance
Comment from : @darkeyeze

Hmm dont get credit cards people
Comment from : @kdsboosted4954

Awesome earrings ❤❤❤❤
Comment from : @PezTita

Thank you for good information
Comment from : @elizabethaguilera4002

If you do not know or understand when a proper payment is due, get rid of your credit cards
Comment from : @frankm4277

Why would the debtor not be paying the debt? Why would you make a payment?
Comment from : @travthomp5529

Paid my stuff off way before the statement date and my score dropped hard now I’m just waiting to see if it’s a fluke or what because I paid before the due date and shit I’m an on time person
Comment from : @lonzeo