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A & L overdraft charges
mrso2b
Posts: 314 Forumite
Can someone please help me? I'm being charged 50p a day on my A & L overdraft of £1300. What percentage rate is this?
Thanks in advance.
Thanks in advance.
0
Comments
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As far as I was aware they charge 50p per day upto a maximum of £5 per month.0
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Ok thanks. Any idea what that equates to in interest rates? I'm so sorry but I'm rubbish at mathes and I want to do that snowball calculator thing.0
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About 1.14% a month or 14.6% per annum according to my calculations...Total Debt Sept 2010 - £24,132.38 / Current - £0.00/ 100% paid
DFD - [STRIKE]Aug 2014[/STRIKE] 24th Aug 2012
£10 a day // Jun - £64/£300 / Jul - £133/£310 / Aug - £281/£3100 -
thanks very much mrsb0
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