Examples of Transaction Type in a sentence
Then, for each Transaction Type, We add up all the daily balances for the billing cycle and divide each total by the number of days in the billing cycle.
Transaction Type Identifies the type of transaction being reported on the Transaction extract.
This gives Us the “average daily balance” for each Transaction Type.
Seller may not modify the Transaction Type designated in this Part A of the Cover Sheet at any time after the Execution Date.
We figure the interest charge for each Transaction Type by applying the periodic rate to each corresponding “average daily balance.” To get the “average daily balance” for a Transaction Type We take the beginning balance for that Transaction Type each day, add any new transactions of that type, and subtract any unpaid interest or other finance charges and any applicable payments or credits.