Payment Shock-Bank Statement Question

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  • #67001
    Goaldigger
    Member

    My bank statements usually cover the period of the 6th from one month to the 6th of the next month, but my husband’s bank statement goes from the 1st through the 30th. Does anyone know which date they will be going off of to calculate payment shock? Thanks!

    #67002

    They will use the two statements that end int he same month. So your statement that closes on April 6 and his statement that closes on April 30th. As I understand it.. Ours were on the 12th and 26th and that’s what they did.

    #67003
    Goaldigger
    Member

    @BakerTheBaker ok that makes sense. Thanks for your quick response!

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