Originally Posted by
krazykanuck
I'm really not sure where you keep hitting the "5 days" comment, I mean after your statement closes you have like 25 days to pay your bill. My statements generate on the 5th of every month and the payment is due the following 2nd.
Best of luck with the house.
What he probably means, using your example, if you don't make any payment by 2nd, and then the 5th rolls around and new statement has generated, and you still haven't made any payment, then the account is suspended. he's talking about the 2nd (smaller) window, not the grace period.