Unbilled vs. Outstanding Credit Card Balances: What you need to know | Mint

Unbilled vs. Outstanding Credit Card Balances: What you need to know | Mint

Source: Live Mint Navigating credit card statements sometimes becomes a little complicated, especially for new users. Two crucial terms that usually cause doubts are ‘unbilled amount’ and ‘outstanding balance.’ It is extremely important to understand the difference between the two clearly in a bid to avoid unnecessary charges and in proper credit card management. What is…

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Credit card: What is an unbilled amount, and how does it affect your finances? | Mint

Credit card: What is an unbilled amount, and how does it affect your finances? | Mint

Source: Live Mint Managing your spending through credit cards remains useful but you should regularly check transactions to dodge unnecessary fees. Among the terminology on your credit card account stands “unbilled amount.” Your unbilled expenses impact your total spending level even though you have not received a formal invoice for these items. They also affect…

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