✍🏾WHY ARE THESE DATES IMPORTANT?!👇🏾 Statement Closing Date - The date that you credit card issuer closes the billing cycle and calculates you minimum payment due as well as any interest accrued from the previous month’s purchases. Paying down as much of the overall balance before this date will help insure that lower utilization rates will report to the credit bureaus and help you avoid exorbitant interest charges. Reporting Date - The credit card reporting date is the day on which your credi