📉 Understanding Crypto Collateralization: What Happens When the Market Drops?
What happens to your crypto-collateralized credit line when the market drops? This article breaks down how LookCard+ Visa protects your account during volatility, the difference between stablecoin vs. volatile asset collateral, and what risk controls are in place to keep your credit safe — even in a downturn.
💳 Why Is My Credit Card Outstanding Balance Negative? It’s Not a Mistake—Here’s What It Means
If you’ve ever reviewed your credit card account and noticed that your outstanding balance appears as a negative number, you may find it puzzling: “I’ve made purchases—so why does it look like I have money in the account instead of a balance due?” “I’ve made payment to my credit card-why my outstanding balance shows negative […]
Why Your Credit Card Statement Balance Doesn’t Change After Payment – And What It Really Means?
If you’ve ever wondered why your credit card statement balance remains unchanged after you’ve made a payment, you’re not alone. This is a common point of confusion for many cardholders. The key lies in understanding the difference between your statement balance and your outstanding balance. Statement Balance: A Snapshot in Time The statement balance is the total amount you owed […]
