Need Help with Abbey Interest Calculations

[juney]

Hello, I have no overdraft facility with Abbey. They charge me £20 for being overdrawn and £30 for each transaction if a cheque was honored. This month it is £80 charges. Do I claim the whole £80 or do I deduct a 'legimate cost' from this.

 

When I get to calculate the earlier statements, I did have a facility with those so is that a different rate.

 

Sorry I'm a bit slow, having a 'senior moment'.

 

Regards.

[bowkett]

Hi Juney, Vampiress has a spreadsheet you can use to calculate your interest, you will need to know your overdraft limit at the time, it works it all out for you. Alternatively you could make a claim and forgo the interest if you find it to stressful to work out. Wait till you have all your statements, then make a claim for the whole amount as one. If you have any problems post them here so people can take a look for you and offer opinions/advice. Good luck with your claim!

[juney]

Thanks for replying. I have just requested the spreadsheet. I'm so glad there's someone out there to help me. Thank you.