Permalink Submitted by shirley rc on Sat, 12/03/2016 - 03:33.
Balance that has not been paid in full for a given month. If Bill only pays $250 of his $300 car payment, he will have a remaining balance of $50 for that month. In most cases, if a monthly balance is not paid in full by a specific due date, the balance is forwarded to the next billing month and may result in late fees being added to the new balance as well.
good idea
Good idea.
We'll try to implement it.
Thanks.
Balance that has not been
Balance that has not been paid in full for a given month. If Bill only pays $250 of his $300 car payment, he will have a remaining balance of $50 for that month. In most cases, if a monthly balance is not paid in full by a specific due date, the balance is forwarded to the next billing month and may result in late fees being added to the new balance as well.