The survey asked providers whether a customer with a €1,000 bill would be charged interest on the €1,000 if they repaid €900 by the repayment date, or if the customer would only be charged interest on the outstanding €100. Only AIB and Bank of Ireland said the customer would pay interest on the €1,000.This means customers of the two banks could pay more than 18 per cent interest on money they have already repaid to...
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