In Online Banking, the “Due Date” displayed on screen can mean two different things for Home Equity loans. It means either the actual Payment Due Date or the Statement Processing Date.
Payment Due Date – The actual date when the payment for a Home Equity Line or Loan is due.
Statement Processing Date – is the actual date when the monthly statement is created and printed.
If there isn't a balance due displayed, then the date on the screen is your Statement Processing Date.
If there is a balance due displayed, you need to know when your Payment Due Date is to determine what date is being displayed on screen.
The Statement Processing Date will be displayed on screen until the statement has been mailed out. From that point, the Payment Due Date will be displayed on screen.
Once a payment has been made, the Date Due on screen will be the Statement Processing Date.