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Newbie claim question....Quicky


nellybear
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yes, but dont forget you can only claim back the interest that you had to pay on the charges that were in your overdraft, and not the whole sum of the o/d interest

HSBC- £4995, settled payment in full

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if you're not sure what to do?, Read the FAQ's

Unsure about what to claim, or confused about overdraft interest? Charges explanation

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Anyone help me on this... I am ready to send everything to them but this is bought me to a grinding halt....

 

If I understand this correctly.. I can only claim the interest on the bankcharges... not the interest for being overdrawn...

 

If this is the case how do I work out the interest on the charges.. is there a spreadsheet for this???

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there is another spreadsheet for this, you can claim for the part of the interest that they charges you because of teh charges in your o/d , i.e if your o/d was £100 but £90 of that was charges then you could claim 90% of the interest back , however it gets tricky as it has to be calculated on a daily basis

HSBC- £4995, settled payment in full

if you found this post helpful, please click the scales (top right of post), ta ;)

 

if you're not sure what to do?, Read the FAQ's

Unsure about what to claim, or confused about overdraft interest? Charges explanation

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