Lenders also communicate any changes in payment history at the end of the monthly billing cycle. (growingfamilybenefits.com)
Lenders communicate the amount owed (revolving balance or installment debt) on any account at the end of its monthly billing cycle. (growingfamilybenefits.com)
Your credit card issuer updates your credit card information only once a month, and report to the major credit bureaus just after your statement closing date — which is at the end of your monthly billing cycle. (creditabsolute.com)