Posts by Dennis Ward8

Anyone know why a debit card would get frozen for a few months at a time?

Does it have anything to do with being overdrawn on my checking account?

Thanks for the assist, everyone🙂

Steven Reed said:Your payment is due on the 23rd—anything you pay before then goes straight toward the principal, but it doesn't count as meeting the monthly installment. In plain English: the payment is already set in stone by the 13th of the month; your available credit might look higher, but you still owe the installment 😉

🤔
So that's how the math works... I guess I'm doing the right thing by keeping up my payments around the 15th.
Do I need to hit the exact amount on the 23rd, or can I throw in an extra few bucks?
If I overpay by a little, does that extra cash just go straight toward the principal?
🤷🙂

🙂🙏

I’ve got my Amex, and I still have $167$6,600 left on my credit limit. My payment was due on the 23rd, but I tried to be ahead of the game and paid it on the 15th—even threw in a little extra just to be safe. Then, out of nowhere in June, I get a notice from Chase saying I missed my payment.😲
Where the hell did the money I sent on the 15th actually go?
I'm a total newbie at this and could use some help figuring out how this works.
Thanks in advance 🙏