Balance
(Loan, Credit Card, etc)
The total (outstanding) amount of money
owed. It includes any unpaid balance from the previous
month, new purchases, cash advances, and any charges
such as an annual fee, late fee or interest. The
balance should not be confused with the monthly
payment (the minimum payment each month), which
is generally 2% to 5% for credit cards.
Please fill out the Christian debt information request form on the right to request more information about our Christian debt programs. |
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