They issue a credit adjustment directly to your card. In such cases, contact your card issuer immediately.
CR Meaning Statement Credit Pending
When you examine your credit card statement and see the cryptic "CR" listed next to a transaction, it can prompt immediate concern. This appears as a "CR" and serves to correct the pricing discrepancy.
When a payment is made toward your credit card bill, the money moves from your bank account to the card issuer. When you use your card at a gas pump or a hotel, the merchant may place a temporary authorization hold on your account.
CR Meaning Statement Credit Pending
In the double-entry bookkeeping system used by financial institutions, every transaction must balance. The Impact on Your Credit Score and Utilization.
More About What does cr mean on credit card
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