Credit Cards Glossary: Adjusted balance and Additional cardholder


Posted in Credit Cards News by Admin - Jun 1, 2009

Content: Adjusted balance Decription, credit card account , Additional cardholder Description, credit card statement

Adjusted balance : The method by which many issuers subtract payments during the month made on a credit card account along with adding finance charges incurred.

Additional cardholder : When you have a credit card, it is often possible to add an additional card to the account for use by someone else. The main cardholder holds responsibility for ensuring payments on the additional card are made. Purchases are shown on the credit card statement, which is sent monthly.

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Popular Tags: Additional cardholder,  Adjusted balance,  Credit Cards Glossary, 
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