Credit Card Statement Analysis PDF

Summary

This document is a credit card statement for John Doe. It details the account summary, payment information, transaction history, and finance charges. Late payment warnings and minimum payment details are also included.

Full Transcript

ANALYSIS John Doe’s Credit Card Statement Directions: Use the credit card statement to answer the questions on the following page. Summary of Account Activity Payment Information Previous Balance . . . . . . . . . . . . . . . . .$1000.00 Payments . . . . . . . . . . . . . . . . . . . . . . $500....

ANALYSIS John Doe’s Credit Card Statement Directions: Use the credit card statement to answer the questions on the following page. Summary of Account Activity Payment Information Previous Balance . . . . . . . . . . . . . . . . .$1000.00 Payments . . . . . . . . . . . . . . . . . . . . . . $500.00 Other Credits . . . . . . . . . . . . . . . . . . . $0.00 Purchases . . . . . . . . . . . . . . . . . . . . $725.00 Balance Transfers . . . . . . . . . . . . . . . .$0.00 Cash Advances . . . . . . . . . . . . . . . . . . $0.00 Due Amount . . . . . . . . . . . . . . . $0.00 Fees Charged . . . . . . . . . . . . . . . . . . . $35.00 Interest Charged . . . . . . . . . . . . . . . . $10.54 Current Balance . . . . . . . . . . . . . . . Credit Limit . . . . . . . . . . . . . . . . . . Available Credit . . . . . . . . . . . . . . . Statement Closing Date . . . . . . Days in Billing Cycle . . . . . . . . . . . . $1270.54 $5000.00 $3729.46 04/20/19 30 Questions? Call Customer Service . . . .1-800-xxx-xxxx Lost or Stolen Credit Card .1-800-xxx-xxx Current Balance . . . . . . . . . . . . . . $1270..54 Minimum Payment Due . . . . . . . . . . $25.00 Payment Due Date . . . . . . . . . . . . .4/29/19 Late Payment Warning: If we do not receive your minimum payment by the date listed above, you may have to pay a $35 late fee and your APRs may be increased up to the penalty APR of 28.99%. Total Minimum Payment Warning: If you make only minimum payments, you will pay more and it will take longer to pay off your balance. For example: • If you pay only the minimum payment it will take 93 months to pay off and you will have paid $1891.33 TRANSACTION SUMMARY FINANCE CHARGE CALCULATION Purchases @ 13.99% APR: $0.00 Balance Transfers @ 13.99% APR: $0.00 Cash Advances @ 25.99% APR: $0.00 Send Payment to: Blue CARD SERVICES PO BOX 999 MONEYVILLE, MA 99999-9999 © Career and life Skills Lessons, All Rights Reserved. Fees and Interest Late fees $35.00 Balance transfer fees $0.00 Cash advance fees $0.00 Total fees for this period $0.00 Total interest for this period $10.54 Account Number 9999 5555 9999 5555 Payment Due Date: 4/29/2019 New Balance Total: $1270.54 Current Payment Due: $25.00 Amount Enclosed $_________

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