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can you claim back credit card interest?

can interest be reclaimed on a credit card or is it just fees and charges?
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Comments

  • lovinituk
    lovinituk Posts: 5,711 Forumite
    1,000 Posts Combo Breaker
    So basically you want a company to lend you money for free for as long as you need it?!
  • emandden wrote: »
    can interest be reclaimed on a credit card or is it just fees and charges?

    None of it. PPI is the only one you might have a hope with.
  • d70cw6
    d70cw6 Posts: 784 Forumite
    reclaimed from who? your mother? sure - go demand her for it now!
  • Are you asking credit card is deductible or not? If yes, Then the answer is some bank allows you to deduct certain expenses from your total income.
  • chanz4
    chanz4 Posts: 11,057 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Xmas Saver!
    yes you can refund the intrest
    Don't put your trust into an Experian score - it is not a number any bank will ever use & it is generally a waste of money to purchase it. They are also selling you insurance you dont need.
  • no i dont want money for free!!just asking the question to settle an argument..thanks
  • Hooloovoo
    Hooloovoo Posts: 1,281 Forumite
    emandden wrote: »
    no i dont want money for free!!just asking the question to settle an argument..thanks

    You need to provide more details of the argument.

    Reclaimed from who?
    For what reason?
    Under what circumstances?
  • a friend told me that it was possible to reclaim interest and charges on credit cards now.....i didnt believe it and couldnt find much info online so thought i would ask on here!hes going to try to claim his charges,fees AND interest!!I didnt think that would be possible
  • Interest - no unless the lender has made a mistake in charging you when they should not.
  • emandden wrote: »
    a friend told me that it was possible to reclaim interest and charges on credit cards now.....i didnt believe it and couldnt find much info online so thought i would ask on here!hes going to try to claim his charges,fees AND interest!!I didnt think that would be possible

    On what basis did 'your friend' suggest this may be possible? :huh:

    Was he able to provide any independent sources to support such a claim?

    You say 'your friend' is going to try to reclaim charges, fees AND interest. So he hasn't even been successful himself yet.

    You can claim for anything. But that doesn't mean you will be successful.
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