New Delhi, Sept. 30 -- If you have a credit card, it becomes vital for you to manage it properly. This can be done efficiently if you can understand basic terms associated with credit cards so that you can better appreciate your monthly statements and plan spending accordingly.

One of the most crucial terms in the same regard is the "Current Outstanding." This figure directly influences your repayments, credit scores, and overall credit profile.

The current outstanding is simply the unpaid balance due on a credit card at a given point in time. Manish Shara, Co-founder and CEO of ZET, explains this, adding, "The current outstanding is the total unpaid balance on a credit card at a given point in time. It includes purchases, EMIs, fees, a...