How exactly to spend down your overdraft

How exactly to spend down your overdraft

Overdrafts

An overdraft enables you to save money money than you have got in your bank account, as much as a pre-agreed restriction (usually £1,000 – £3,000, dependent on your money and credit rating).

Think about it as that loan it is possible to dip into for unforeseen costs or emergencies, like in the event that you realize that your Student Loan is not sufficient to manage through to the end of term. Continue reading “How exactly to spend down your overdraft”