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Andy Burns[_13_] Andy Burns[_13_] is offline
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Default All I wanted was an overdraft...

wrote:

TimW wrote:

if you are getting into trouble Barclays and Lloyds will start
to increase your costs and rob you as fast as they can


do they charge over 500%?

In marginal cases yes ... If you have a standard Barclays current
account, and daft enough to go £16 overdrawn for a year you'd pay
(365*0.75)/16 = 1710% of course they call it a daily fee not an interest
rate.