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Interest Calculation


Lizzie77
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Hi

I feel that the calculation of the interest on my overdraft (not the 8% business) is hugely inflated compared to other posts.

 

After using the 'complex' spreadsheet, my total charges amount to £636 and interest totals £222.68 - typically is around 10% based on other posts.

 

I can forward further info associated with the spreadsheet but I'm unable to post it here - seen others do it here though

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