Does NET BALANCE mean I owe money to the bank?

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Does NET BALANCE mean I owe money to the bank?

I KEEP RECEIVING STATEMENTS SAYING MY NET BALANCE IS 117 POUNDS

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1 in Banking Report

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Stuart · Answer 1 · 9/19/2011 12:01:57 PM

Stuart

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If it is the statement of your regular bank account, its balance shows the amount owed to you by the bank. Statement of your credit card account indicates the amount you owe to the bank.

Sep 19th, 2011 at 12:01 PM

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Does NET BALANCE mean I owe money to the bank?

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