So if I pay the statement balance in full before the due date am I able to leave the current balance for next month w/o interest and hurting my credit score or have it all payed before the (next closing date)
Correct that you won't be charge interest on that amount. As for your credit score, it can "hurt" your credit score as it increases your utilization. Usually it's just a few points at most.
If you have it scheduled to pay the balance on the exact due date/statement date, you won't get charged interest if the satement amount is paid in full.
Can any1 help me w the pay in 4 thing does the avaliable amount mean money it took from ur account for credit or does the 400 mean the amount limit to pay in 4
Chase credit tracker says it checks once a week on Friday but the status never changes until the 5th week Friday so what's the point of the once a week check?
I want to know how much do we have to pay.. where does it show our balance.. they guy at the bank said “current balance” is how much I’m supposed to be paying back orr
I barely opened my credit journey and it’s so hard I don’t understand it that much 😭😭
Welcome to the journey! Keep learning and growing. We'll be here with content to support. Don't forget to subscribe: trufinancials.com/subscribe
Thank you for this video.
Glad it was helpful!
So my question is, is the 324.05 what you can use on the card or how much you've used the card?
It’s what you have used
Can you explain Interest Saving Balance
Can we pay early? Or is that bad?…sorry I’m new at this
Yes, you can pay early. No, it's not bad. I personally pay sooner than the due date as I don't like having a large balance built up.
Don't forget to subscribe: trufinancials.com/subscribe
Hi, how long does it take for the status to change from pending to done after I have made the payment?
Typically 2-3 business days. Holidays and weekends extend that.
So if I pay the statement balance in full before the due date am I able to leave the current balance for next month w/o interest and hurting my credit score or have it all payed before the (next closing date)
Correct that you won't be charge interest on that amount. As for your credit score, it can "hurt" your credit score as it increases your utilization. Usually it's just a few points at most.
@@TruFinancialsutilization rate is a scam
Do you recommend paying on the actual due date or days before? Will they charge interest if I pay on that exact due date?
If you have it scheduled to pay the balance on the exact due date/statement date, you won't get charged interest if the satement amount is paid in full.
It could be because of icloud
Can any1 help me w the pay in 4 thing does the avaliable amount mean money it took from ur account for credit or does the 400 mean the amount limit to pay in 4
Chase credit tracker says it checks once a week on Friday but the status never changes until the 5th week Friday so what's the point of the once a week check?
Not sure why they do that to be honest
I want to know how much do we have to pay.. where does it show our balance.. they guy at the bank said “current balance” is how much I’m supposed to be paying back orr
Pay Statement Balance to avoid interest or a hit to your credit score.
How do I pay with my points ?
I can add that to make a video soon. Don't forget to subscribe: trufinancials.com/subscribe
Why doesnt chase have a Bi-monthly payment option. I think they just want to keep collecting more interest from customers..?
Could be the case