Though the CARD Act of 2009
mostly ended credit card issuers» practice of applying a new, higher interest rate to an entire account balance, the APR for future purchases can still jump — even if there's never been a late payment on the account.
Not exact matches
If your spending is
mostly on a
credit card in order to maximize your cash back, most
credit card companies will provide a year -
end summary for you that provides a breakdown of your spending categories.
The Federal Reserve predicts that this debt, which is made up
mostly of
credit card debt, could hit $ 1 trillion by the
end of the year — the highest this figure has ever been.
As both a merchant and a consumer I have been on both
ends of
credit card chargebacks, and have received what I consider to be
mostly fair outcomes in all cases.
APRs offered for personal
credit cards had
mostly been increased, while business
credit cards that offered an APR range did away with the top
end and instead used the low
end as a new flat rate offer.
Bank Recs Analyze the GL (reclass, if necessary) Make sure Mortgage, Utilities, and Property Taxes are paid
Credit Card Reconciliations Review Income & Expense statement Review Cash balance (this is
mostly every time checks are cut) to make sure there's enough for mortgage Year -
end: Gathering all backup and documents for the tax accountant or auditor This includes GL should be close to perfect.