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How many days late am I? Stupid question I know

Date: Fri, 06/04/2010 - 18:03

Submitted by anonymous
on Fri, 06/04/2010 - 18:03

Posts: 202330 Credits: [Donate]

Total Replies: 3


OK, so I have one card where I made my last payment Feb 11, due date Feb 11. It is one of my chase cards. I cannot figure out how they are determining "days late".

On June 11, how many days late will I be?
a) 90 days, clock started ticking 30 days after my first missed payment (3/11) so Apr 11-May 11-June 11 = 90 days

b) 120 days, clock started ticking one day after my last payment 2/11, so Feb12-Mar11(30days)+ Mar12-Apr11(30days)+Apr12-May11(90days)+May12-June11(30days) = 120 days

or, some other calculation?

I can't for the life of me figure out how Chase calculates # days late. thanks