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Interest Charges


lampiejohn
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Hi All,

 

I'm just filling in my N1 against Barclays, and want to make sure I get it right.

 

I am claiming £1820 for charges, and £317.33 in interest (not the overdraft interest)

 

How much should my daily interest amount be? Is it the total amount (1820+317.33) or just 1820 x 0.00022? If the latter it seems like it is 0.4p per day. Is that right?

 

Thanks for your help

 

J

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its the total without the interest, you must have done something wrong in your calulation, you sure it not 40 p?

 

On the N1 form page it says:

 

Charges x 0.00022 = pence per day. Maybe it means pounds per day, at which point it would be 40p.

 

I don't wanna get this wrong, as I don't want them to wriggle out of anything :)

 

Thanks

J

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