Got a question regarding account balance, which I hope is not a silly question :).
Let’s say my monthly payments are £70. My current balance is sitting at +£50. Does that mean once my next monthly payment is due, it will be £20 (70 - 50), or will it still be £70?
I’m just finding it a bit hard to understand the balance bit. Is my balance in the positive range because my last month payment way more than what I actually used?