Read Your Credit Card Statement!

Does Your Statement Look Like This?

It’s important to read your credit card statements thoroughly. You may find some surprising information when you look closely!

How often do you read through your credit card statements? Probably not often. It’s easy to overlook and it can be stressful! Paperless bills and online banking have made it easier than ever to take a passive role in paying your bills on time. Many people choose to set up automatic bill payments through their bank. This is a great idea, if you are certain that you will have the funds available to cover your bills when they are automatically withdrawn. However, if you do have automatic payments set up, that means that you probably aren’t looking very closely at you statements each month. You could miss some very important information. You may end up paying the bank a lot more than you should.

Your credit card statement should provide you with an estimate of how long it will take you to pay off your debt based on the minimum payment. It is very important to read this! You might think that you are on the right track to pay off your debt, only to find out that it could take 230 years!


This is an excerpt from actual credit card statement received by one of our clients. As you can see, they had no chance of paying this bill off by making the minimum payments.  Recent legislation states that credit card companies are required to have this information on their statements. Credit card companies have an interest in keeping people paying interest every month. That is how they make their money. When you are already suffering financially, it can be impossible to make payments beyond the minimum required. This means that your payment is only going towards the interest, and the principle is untouched. If this is the case, you will be in debt for much longer than you would expect.

calculating-balanceIf you find something like this on your credit card statement, it is a good idea to make an appointment with a Licensed Insolvency Trustee.  A Trustee will provide you with information on what your options are to deal with this kind of debt.

You May Also Find These Articles Useful:

How To Handle Collection Calls

Understanding Credit Card Fees

How To Manage Your Debt

Bryant Advantage. The Bryant Advantage probably has the most comprehensive study package that is well written using lots of analogies so it can be understood easily by new CCNA students as well as seasoned Cisco professionals. It is on par with the Cisco Press as far as price and another nice benefit is he also has a lab workbook too. We also sell the Bryant Advantage CCNA Lab Hardware Topology to compliment his lab workbook so you can follow through all the labs step by step.
Cisco 200-125 dumps only help you to reinforce what you have learned and gives you an idea of how the exam is like.
300-115 switch
We are providing the helping material in two ways which are • PDF • Practice Test Software PDF Exam – the first technique expected of applicants to prepare for CCNA Routing and Switching 200-125 Cisco Certified Network Associate, are hand notes that consist of full, comprehensive information about every CCNA Routing and Switching 200-125 Cisco Certified Network Associate area.
210-260 iins
If you want to pass your ICND1, ICND2 or CCNA exam on the first try, it is essential you have a sound, effective study plan that is proven and other Cisco CCNA students have followed to successfully pass their 200-120, 101-101, or 200-101 tests.
Many people ask us what study guide we recommend. I will give you a few suggestions. For a low cost solution, you can go with the basic Sybex CCNA study guide.
200-125 dumps
So if you are already familiar with Cisco routers and TCP/IP, this may be a better solution for you. Finally, we recommend the Bryant Advantage Ultimate CCNA Study Package.


Leave a reply

Your email address will not be published. Required fields are marked *


©2017 - C. E. Craig & Associates Inc.

Log in with your credentials

Forgot your details?

Skip to toolbar