Decoding the credit card statement

Users of credit cards receive the credit card statement akin to a bill every single month. Many of us have the tendency to just pay the amount due, without caring to give the bill a proper reading! Sometimes this habit can prove to be costly! Frauds or incorrect payment info might be overlooked! Do you tend to procrastinate or ignore reading the bill because you do not understand it? Terminologies used are confusing? Read on to understand your credit card statement better.