Making time to review your statement each month can help you stay on top of any potential problems before they begin compounding against you.

Your credit card statement, while not the most exciting document to cross your path on a regular basis, is important to understand. Ideally, you’ll review this document each month, so you should ...

The total credit card balance. This is the total amount that is currently charged to your credit card. If you pay off this amount, your card will have a $0 balance.

When you receive your credit card statement, your statement balance will be listed as $500. And if you check your online account, your current balance will be $550. Then, ...

Reviewing your credit card statements is an important part of maintaining good credit card habits. As a financially responsible individual, you might wonder how long you’re supposed to keep them.

A credit card statement is a monthly snapshot of your account activity. It's like a financial report card, showing everything from purchases and payments to fees and interest charges.

For example, let's say you have a credit card with a $1,000 credit limit. If you have a $500 balance, your utilization ratio is 50% (500/1,000), which is too high. The golden rule for credit scores?

Credit cards are essential for modern purchases, offering deferred payment options. Monthly statements provide crucial details about transactions, payments due, and potential fees, enabling users ...

Credit card statements are vital to prove any business expenses, large purchases or payments (of several thousands of dollars) or tax deductions like charitable donations. Best Practices for ...