Billing Cut-off Date definition
Billing Cut-off Date refers to the end date of a Billing Period, as determined by Home Credit, when Card Transactions, Monthly Installment Amounts (if any), and other applicable charges or fees during the billing period are summarized.
Examples of Billing Cut-off Date in a sentence
Payment of less than the Total Amount Due will render the unpaid principal portion of the Total Amount Due as a borrowing and will be subject to interest from the Billing Cut-off Date at the rates indicated in the Credit Card Agreement until settlement of the amount in full.