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How much will an overdraft of £2000 cost me at 15.9% EAR.....for 2 months....

Thanks peeps....

Comments

  • Hi Omar,

    I think other than snowballing it to work out the cost, you could do an internet search.
    If you've nothing decent to say, perhaps you shouldn't say anything.

    £2 savings jar £300:D
    Total credit card debts £1250:mad::mad::mad::mad::mad: - Will I ever learn!!
  • OMAR
    OMAR Posts: 701 Forumite
    tried internet search...cant find a UK one....grrrrr
  • Have you tried this one?

    http://www.whatsthecost.com/snowball.aspx

    Assuming you'd pay it off within the two months it suggests your interest would be around £15. It's not the perfect tool as it expects you to pay off a certain amount each month but have a go with it an see what figures come out.
    "Does it spark joy?" - Marie Kondo

    "Do not wait; the time will never be "just right." Start where you stand, and work with whatever tools you may have at your command, and better tools will be found as you go along." Napoleon Hill
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