Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Investopedia / Julie Bang The available balance in a checking account or on-demand account ...

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 ...

Your current balance (or outstanding balance) and statement balance are two entirely different figures. Your current balance and statement balance can occasionally align, particularly after your ...

The statement balance is the amount owed at the end of your billing cycle, while the current balance is the amount you owe at any particular moment. Your statement balance can differ from your current ...