Trapped in terms such as “white book date and payment date”? No worries! Let me explain these financial terms, which are closely related to our daily consumption behaviour. White bars, a modern consumer credit instrument, have been chosen by many consumers. However, understanding what is a white “account date” and a “payback date” would help us to use this tool more efficiently。

What do you mean, a white book date and a repayment date

What does that mean? In short, the date of payment is the date on which the bank or financial institution confirms the amount of your purchases and charges them to the bill. That is to say, since that date, your purchases have started to generate interest. So, again, what does “payment date” mean? There is no complex concept. It is the cut-off date by which you will have to repay the purchase price and interest. It is important to remember that if the debt is not settled before the repayment date, you will have to pay the overdue expenses and interest rates。

The date of disbursement and the date of repayment were designed primarily to help us manage our financial situation in an orderly and clear manner. With a reminder on the date of the accounts, you will know that the amount of the purchase is billed and that you will have to look at your consumption. The repayment date, on the other hand, is a clear repayment period to ensure that debts are repaid on time and to avoid additional costs arising from overdue payments。

Maybe you're confused. Can you change the date of the white note? For example, the date of repayment of the Beijing White Paper is in fact unadjusted. This means that the Beijing White Book does not support changing the billing and repayment dates, nor does it delay repayment. In order to avoid compromising the credibility of individuals and the normal use of accounts, it would be preferable for users of the Kyoto White House to be selected to ensure that payments are made on time and in full。