For example, personal statements that are linked to a specific charge or entry on an Experian credit report drop off automatically when that entry drops off, says spokeswoman Kristine Snyder.

See related:100-word statement sample letters, FTC: 1 in 5 Americans has a mistake in credit report, How to read, understand your credit report, Credit reports -- How to get the one that's ...

For example, let's say you spent $500 during a billing cycle, and another $50 after your cycle ends. When you receive your credit card statement, your statement balance will be listed as $500.