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Help with Interest Charged "Column" in Complex Spreadsheet


Guest wegaevca
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Guest wegaevca

Can someone help......

 

I am struggingling with completing the complex spreadsheet for Nationwide. What goes in the Interest charged column?

 

Is it the amount of interest that I was actual charged that is on my statements or, is it the APR rate calculated from the monthly authorised overdraft rate?

 

:-?

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Hi wegaevca

 

The amount you enter is the amount that you were actually charged each month in interest. The spreadsheet automatically compares this with account balance on the day that the interest was charged, and indicates whether this is reclaimable if you were in OD. You just enter the interest taken and the account balance each month on that date, exactly as on the statements.

 

regards

Varangian

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