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Can someone help me with interest...


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I dont mean the 8% interest or CI. I was looking at the prelim ltr and it mentions interest on overdraft...is that calculated on the whole overdraft or minus the interest free overdraft. For example mine is £250.

 

If its the latter then how do u work that out?

 

Thanks Anni x

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it's complicated and most people don't bother claiming it, unless they've a lot of charges. it's easy if you don't have an OD.

by the way, you should really only start one thread and ask all your questions on that, not start a new thread for each quetion, the mods don't like it;)

OK I GIVE IN

 

Halifax £3600 charges, won with C/I £6400

 

NatWest S.A.R-05/06/06

Bug**r all recieved 03/11/06

Prelim guesimate sent for £3000 03/11/06

Cr*p one CONNED statements 08/06 ROFLMAO

Cr*p one charges=£976

con int 34.9% £1,003.75 £1,979.75.

 

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no problem

OK I GIVE IN

 

Halifax £3600 charges, won with C/I £6400

 

NatWest S.A.R-05/06/06

Bug**r all recieved 03/11/06

Prelim guesimate sent for £3000 03/11/06

Cr*p one CONNED statements 08/06 ROFLMAO

Cr*p one charges=£976

con int 34.9% £1,003.75 £1,979.75.

 

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