When you receive your credit card bill, you'll notice two different balances: the statement balance and the current balance. Conventional wisdom says that you should always pay off your statement ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Toby Walters is a financial writer, investor, and lifelong learner. He has a passion for ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. A settlement statement summarizes terms and costs at a transaction's closing phase. Mortgage ...