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can i claim back interest added and charges added after
mrrunninz
Posts: 8 Forumite
Hi all
can any one tell me if i can claim back charges and interest that is added after my cc company takes me over the limit ?
I mean for example.... i was up to my limit but the credit card company added its interest that then takes me over my limit and causes charges to be added to my account which again accrues interest on my account.
Personaly i think that its scandalous practice that they can take me over the limit by adding the interest in this way.
i am looking to persue them for my charges but want to hit them for everything i can So any advice would be appreciated.
can any one tell me if i can claim back charges and interest that is added after my cc company takes me over the limit ?
I mean for example.... i was up to my limit but the credit card company added its interest that then takes me over my limit and causes charges to be added to my account which again accrues interest on my account.
Personaly i think that its scandalous practice that they can take me over the limit by adding the interest in this way.
i am looking to persue them for my charges but want to hit them for everything i can So any advice would be appreciated.
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Comments
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No. You need to maintain your account so that you stay below the limit, including any interest and fees.0
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No because you can easily avoid it by paying back the bill in full or significantly more than the minimum - and if you can't do that, don't spend on the card until it is reduced. The charges are there because you spent up the maximum and didn't clear the balance
Sam Vimes' Boots Theory of Socioeconomic Unfairness:
People are rich because they spend less money. A poor man buys $10 boots that last a season or two before he's walking in wet shoes and has to buy another pair. A rich man buys $50 boots that are made better and give him 10 years of dry feet. The poor man has spent $100 over those 10 years and still has wet feet.
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On what grounds are you going to claim back the charges . . ?Hi all
can any one tell me if i can claim back charges and interest that is added after my cc company takes me over the limit ?
I mean for example.... i was up to my limit but the credit card company added its interest that then takes me over my limit and causes charges to be added to my account which again accrues interest on my account.
Personaly i think that its scandalous practice that they can take me over the limit by adding the interest in this way.
i am looking to persue them for my charges but want to hit them for everything i can So any advice would be appreciated.
:whistle:0 -
As the others have said.
You obviously haven't been paying the minimum payments either have you?0
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