Statement Closing Date definition
Examples of Statement Closing Date in a sentence
The statement will have a "Statement Closing Date" and a "Payment Due Date," and will show, among other things, your "Previous Balance," your "New Balance," and your minimum monthly payment, which will be shown as "Minimum Payment Due." The periodic statement is part of this Agreement.
A current billing statement on our Website will not reflect debits or credits posted to your Account after the Statement Closing Date for that billing statement.
A current billing statement on our Website should reflect our records as of the close of business on the Statement Closing Date.
If Your payment is not received within 55 days of the Statement Closing Date of the statement for which that payment is due, You will be charged the lesser of: (a) the amount of the minimum payment due; or (b) $25.00.
To avoid additional Finance Charges on your purchase balance and on new purchases next month, pay the Entire New Balance on your statement within 28 days after the Statement Closing Date on your statement.
You must write to us no later than 60 days after the Statement Closing Date of the first account statement on which the transaction or suspected error appeared.
The billing cycle is a time period that ends on a “Statement Closing Date” determined by us and begins on the day after the Statement Closing Date of the previous billing cycle.
The amount of the late charge is $25 if you fail to pay the Minimum Payment shown on your Monthly Statement by the stated Payment Due Date reflected on the next Monthly Statement (which will be no less than 21 days after the Statement Closing Date shown on the Current Monthly Statement).
We will send you a monthly statement (“Monthly Statement”) that shows you all Advances, Finance Charges, payments, credits and other transactions on your Account during your most recent “Billing Period.” A Billing Period covers the approximately thirty (30) day period that begins on the day following the “Statement Closing Date” (as stated on your Previous Monthly Statement) and ends on the Statement Closing Date reflected on your Current Monthly Statement.
The Statement Closing Date is the last day of the Billing Period for that statement.