The statement balance tells you how much you owe after a single billing cycle. For a more up-to-date account of your credit card debt, check the current balance. Many or all of the products on this ...
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What is an outstanding balance on a credit card?
Your current balance (or outstanding balance) and statement balance are two entirely different figures. Your current balance and statement balance can occasionally align, particularly after your ...
Editorial Note: Blueprint may earn a commission from affiliate partner links featured here on our site. This commission does not influence our editors' opinions or evaluations. Please view our full ...
Take advantage of a negative balance by using the credit to cover a purchase, or ask your issuer for a refund. Many or all of the products on this page are from partners who compensate us when you ...
Your credit card balance represents the purchases you’ve made during a billing cycle, as well as any interest charged. If you pay off your credit card each billing cycle, you will have a zero balance.
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