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Does paying a credit card statement in two installments online hurt my credit rating?
Posted on June 4th, 2011 No comments
Question by Jasper: Does paying a credit card statement in two installments online hurt my credit rating?
I have an online credit card account (at, let’s say Chase), and I have a $ 600 credit card statement, and I have three weeks to pay it off. If I pay $ 150 right away and $ 450 a week after the statement date, will they report a late $ 450 payment to the bureaus or will I be all paid off as long as I pay the statement balance before the grace period ends?
Best answer:
Answer by DEE CON CHESTED
pay before the grace and your fine, so two installemtns is fine!you can call them and tell them that is what yuo are doing and they love that! they can wave fees first time if you are late too.just talk to them!
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Does paying a credit card statement in two installments online hurt my credit rating?
Posted on May 5th, 2009 5 comments
Copper asked:
I have an online credit card account (at, let’s say Chase), and I have a $600 credit card statement, and I have three weeks to pay it off. If I pay $150 right away and $450 a week after the statement date, will they report a late $450 payment to the bureaus or will I be all paid off as long as I pay the statement balance before the grace period ends?
KEN