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The Learning Center
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GLOSSARY TERMS
Terms that begin with D
Double-billing cycleSome credit card companies may use a double-billing cycle to calculate your balance due. This means that the due date on your statement refers to the minimum payment and differs from the due date to pay off the entire balance. Check the terms and conditions of your credit agreement to see how your balance will be calculated. Previous Credit Card Term: Discount Fee Next Credit Card Term: Electronic Fund Transfer Act (EFTA)
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