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How is interest calculated on my Overdraft Line of Credit balance?

April 26, 2017Balance calculated line of credit overdraft

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How is interest calculated on my Overdraft Line of Credit balance?

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Whenever you dip into your Overdraft Line of Credit, we’ll calculate the interest owed from the day the transaction amount is posted until the balance is paid in full. There is no interest grace period for transactions that post against your Overdraft Line of Credit.