What Do you Mean By The Billing Cycle

To sum it up, a billing cycle is the time period between one credit card bill to the next. All transactions done through the card in this period reflect in the next credit card statement. Not complying with the billing cycle norms can negatively impact the cardholder’s credit score.

Hence, it’s best to avoid making late payments, missing your payments, making partial payments and paying just the minimum due amount on your credit card. Now that you’re equipped with all information regarding your billing cycle meaning, you can work towards building a good credit score.


Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s