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Monthly Statement
Explanation:
The bill you receive each billing cycle. The monthly statement accounts for all transactions made during the billing cycle, and the back of the statement usually describes some of the basic terms of your credit card agreement or loan. Also detailed on the monthly statement are purchases, payment(s), credit limit, available credit and finance charges.
Our Thoughts:
Sometimes, additions or changes to your Terms and Conditions are included with your monthly statement. Read these carefully.