Whether you’re new to the world of credit cards or an established pro, it’s essential to understand the terms that appear on your credit card statement. Two terms that may cause confusion, even if you ...
What is an outstanding balance on a credit card? And when is this figure different from your statement balance? The terms “outstanding balance” and “statement balance” are sometimes used ...
Gabriela Walsh is a Certified Educator in Personal Finance® and a personal finance editor at Red Ventures. Her previous work experience includes various editorial positions at FinanceBuzz. She ...
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What is a negative balance on your credit card?
A negative balance on a credit card is typically a positive sign, indicating that the consumer has overpaid for something or received a statement credit. Negative balances can result from refunds, ...
Add Yahoo as a preferred source to see more of our stories on Google. A pending transaction is a charge that shows up on your credit card statement but hasn’t been reduced from your balance yet.
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