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hey yamp;#39;all so in todayamp;#39;s video weamp;#39;re going to be talking about the due date versus the statement day and Iamp;#39;m gonna try to make this really quick so the due date is the date that at least the minimum payment is due by the due date is pretty consistent meaning that it doesnamp;#39;t change from month to month um it typically stays the same and as long as you pay your minimum payment by this date you will not have any late fees and you will avoid a late payment reporting on your credit report now the statement date is another very important date that I donamp;#39;t feel like itamp;#39;s talked about enough maybe itamp;#39;s starting to get some light but it isnamp;#39;t talked about enough um this day is the closing date of your billing cycle typically will be the second date on top of your statement so if you grab your statement and you look at the top of your statement youamp;#39;ll see two dates up there so after that Dash is another day and that da