Common use of Monthly Statement Clause in Contracts

Monthly Statement. If you have an outstanding debit or credit New Balance in excess of $1.00 or if there is any Finance Charge imposed during a Billing Cycle, we will send you a statement. You must pay us (or if we elect, to any party to whom we transfer and assign your Account) according to the Terms and Conditions of the Account.

Monthly Statement. If you have an outstanding debit or credit New Balance in excess of $1.00 or if there is any Finance Charge imposed during a Billing Cycle, we will send you a statement. You must pay us (or if we elect, to any party to whom we transfer and assign your Account) according to the Terms and Conditions of the Account.. Other Terms and Conditions (including Federal Truth in Lending Disclosure)