Banking?

Associate
Joined
21 Nov 2010
Posts
338
Hi all

Recently had my credit renewed in January. I have noticed a interest charge for the last three month's. Before it maybe happen once every now and again. Why is this? The card has £6900 and I've spent around £6650. Another is once the interest was £160 at 6250 and £200 at £6750 etc. Will the interest stop or is it a case of bringing down the balance. The last time they charged interest was when it went far into the balance.

Any info would be great.
 
First thanks for the info.

Would like to say paying back the money is not a problem at this time. I'm also not in financial difficulty.
I first got the card a few years back and it expired Jan this year with a new card again until 2022 and for the first month's until march all I was doing was paying back the minimum amount,but since then they have been taking money out of the card with interest, so they do that plus I'm also having to pay the minimum amount. So the extra cash part is what I'm curious about. Will call them I think.
 
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