After getting schooled that average daily balance and daily balance are the same thing blush, I am still looking at my write up and wondering:

1. Why is it differentiated in the regulation if they are the same thing?

2. If our system uses the daily balance, but our statement states "Balance Subject to Interest Rate" and the balance stated is the average daily balance - do I have an issue?

I'm thinking no, but I am so confused right now.
It's not that I take life for granted. It's only that the good won't make it. Innocence dies, while Villany Thrives.