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credit cards faq/glossary
The most common questions asked about Credits Cards.
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Credit Card Glossary
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Adjusted balance
definition
What does Adjusted balance mean?

This method is used by most card issuers to calculate all of the customers’ payments per month. It’s a formula that subtracts payments that have been made through the course of a month on any credit card account, as well as adds other finance charges that have incurred. Using this formula is more beneficial than using either the Average Daily Balance or Previous Balance Method because interest charges are less.
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