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Purchase Finance Charges help???

thegame · 2008-03-30 14:47:16

can somebody explain this charge i keep getting evey month off my credit card.i pay them the total they ask me to pay them everymonth in full.how do i get rid of this charge?? PURCHASE *FINANCE CH 60.22 ???

30-03-2008 2:47pm

#1

thegame

Registered Users, Registered Users 2 Posts: 490 ✭✭

Join Date: October 2001

Posts: 308

can somebody explain this charge i keep getting evey month off my credit card.i pay them the total they ask me to pay them everymonth in full.how do i get rid of this charge??

PURCHASE *FINANCE CH 60.22 ???

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Comments

#2 30-03-2008 3:38pm

BuffyBot

Registered Users, Registered Users 2 Posts: 24,924 ✭✭✭✭

Join Date: February 2002

Posts: 23571

thegame wrote: »

can somebody explain this charge i keep getting evey month off my credit card.i pay them the total they ask me to pay them everymonth in full.how do i get rid of this charge??

PURCHASE *FINANCE CH 60.22 ???

If you were paying the balance in full, then you wouldn't see it.

If you're paying the minimum payment they request, then that is your interest on the outstanding balance.

Discussed here also, which was your thread as well...

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#3 25-02-2010 3:44pm

ekwi

Registered Users, Registered Users 2 Posts: 19 ✭

Join Date: February 2010

Posts: 18

I have been getting those Purchase Finance Charges of late because I'm paying the minimum on my card every month. Very annoying but I guess thay want us to be paying amount off faster these days! On another note, also cancelled Carphone Warehouse mobile insurance (€10 every month) last month and it is STILL coming out of my account, will have to ring and cancel AGAIN! Dodgy.

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