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Natwest Business Credit Card 'Finance Charges'

edithrey
edithrey Posts: 4 Newbie
edited 2 February 2017 at 10:56PM in Reclaim bank & credit card charges
Hi,
I have a Natwest Credit card debt that I cannot pay off, and am being pursued for, when I look at my CC statement I have a 'finance charge' added to my statement every month, sometimes it is as low as £40.00 or as high as £60.00, but I can't find in my T&Cs anything that refers to 'finance charges' and when I follow the links in my paperwork they are broken.
Does anyone know what a 'finance charge' refers to? Or where I can find Natwest Credit Card T&Cs?

Comments

  • societys_child
    societys_child Posts: 7,110 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 2 February 2017 at 11:20PM
    Was it interest on the outstanding balance?
  • No, this is over and above the interest, in fact the interest was charged on the Finance Charge.
  • Nasqueron
    Nasqueron Posts: 10,817 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Ring them up and ask, much more likely to get an answer and you could ask about financial hardship to maybe stop them charging you

    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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