MOSCOW, March 10 – RIA Novosti. It happens that an amount of debt appears on your account statement that you did not expect. This is due to the fact that the bank can change the terms of service or impose additional costs on the card, so you should always carefully study the agreement, Anton Rogachevsky, senior lecturer of the Banking Department of Synergy University, told the Prime agency.
“Apart from the accrued interest, an additional payment may be charged, for example, due to the commission for withdrawing cash. Credit cards are intended for non-cash payments, so an additional commission is charged for cashing,” the expert warned.
Additional debt may arise if you have exceeded the card limit. As a rule, banks do not set strict limits and allow overspending, but additional money costs the client more. Another reason for unexpected debt is late payments. This often happens as a result of misinterpretation of the grace period, namely, from what moment it is counted.
Another reason is if you have used additional bank services. Whether they are included in the cost of your loan or not, is also spelled out in the contract, so you should carefully re-read it again. In any case, the bank will explain the origin of the “extra” debt best of all, so it is better to go there for details of the operations carried out on the card, concluded Rogachevsky.