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No.

DESCRIPTION
1 STATEMENT DATE Covers transactions recorded until date indicated (ex: Billing period
covered from October 27, 2016 to November 26, 2016)
2 THIS IS TO BILL YOU THE Total of 3 and 4
AMOUNT OF
3 AMOUNT DUE IMMEDIATELY Total of the following:
a. AMORTIZATION Overdue amortization composed of Principal, Interest, Other
Charges and Credit Life Insurance (if applicable)
b. PENALTY Charges for overdue Principal
c. MISCELLANEOUS FEES Composed of other fees like service fees, processing fees & similar
& ADJUSTMENTS other fees and adjustments like bounced check, etc.
4 AMORTIZATION DUE ON Next amortization due composed of Principal, Interest, Other
Charges and Credit Life Insurance (if applicable)
No. DESCRIPTION
1 AMORTIZATION Composed of Reservation, Principal, Interest, Other Charges and Credit
Life Insurance (if applicable)
2 PENALTY Charges for overdue Principal
3 MISCELLANEOUS Composed of other fees like service fees, processing fees & similar other
fees
4 DATE PAID Transaction date
5 AMOUNT PAID Actual payments made and adjustments like bounced check, etc.
6 REFERENCE Transaction reference
7 RUNNING BALANCE Running balance up to the current due date
8 MIGRATED PAYMENTS Payments received prior to SMDC’s system upgrade
No. DESCRIPTION
1 SUMMARY OF RETURNED List of checks returned by Bank
CHECKS
2 SUMMARY OF MIGRATED List of payments received prior to SMDC’s system upgrade
PAYMENTS

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