Do you ever bother to read your credit card statement, or do you just take the payment coupon off the bottom and pay the amount without looking at anything else? If so, you may be missing several important factors such as penalties, fee assessments, and changes to your annual percentage rate (APR). You may also be missing questionable charges that are being incorrectly assessed to your credit card account, which could indicate a criminal has your information and is testing to see whether you notice the mistakes.
Let's look at the basic components of a credit card statement. Each company differs slightly in the format and some offer extra information such as a free credit score or summaries of rewards programs, but they all must carry the same essential information.
- Account Summary ...
from MoneyTips http://www.moneytips.com/credit-card-statements-101
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