ECONOMICS
CREDIT
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
payments made and new charges
|
|
|
fees and interest charged
|
|
|
year to date totals and how long it will take you to pay it off w/minimum only
|
|
|
all of these
|
Detailed explanation-1: -A summary of the transactions on your account-your payments, credits, purchases, balance transfers, cash advances, fees, interest charges, and amounts past due.
Detailed explanation-2: -You’ll find your current balance, fees and interest charged since your last billing statement, the amount of credit you have available, and the date your billing cycle closed. This is usually the first section on your credit card statement, because it contains some of the most important information.
Detailed explanation-3: -Rewards credit cards. Secured credit cards. Low-interest credit cards. Cashback credit cards.
Detailed explanation-4: -Not All Transactions Are Listed on Your Billing Statement Your billing statement only includes account activity within your billing cycle. Transactions you made before or after the start and end of the billing cycle won’t appear on your billing statement.
Detailed explanation-5: -Annual fee. Interest charges. Late payment fee. Foreign transaction fee. Balance transfer fee. Cash advance fee. Over-the-limit fee. Returned payment fee.