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policys on claiming back interest charged whilst overdrawn


domwonguk
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Is this possible - I dont mean the charge for going overdrawn but the interest charged for the amount you are overdrawn.

 

Say your normal rate of interest within your overdraught limit is 5% and you get charged 12% because you are over your limit - is it only the 7% extra you can ask back...?

 

seems a bit complicated and time consuming to work out - especially if the amount is quite small

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