Biography closing statement definition credit card



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Credit Card Closing Date: What It Is and Where To Find It

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    The credit card closing date is the last day of your billing cycle.

    This is when your credit card issuer calculates your minimum payment due and statement balance for the billing cycle. Any card activity posted after the closing date and payments due afterward would go on your next month’s billing cycle.

    Whether you are budgeting for fixed expenses or variable expenses, you are constantly in a cycle of carrying a balance and then paying it off.

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