This is sending me into a blind panic truth be told. 40% interest on arranged overdrafts starting April.
I can't be the only MNer who uses their overdraft often every now and again?
And if I go into it by, say 300 quid two days before payday, then the interest will be 120 quid?! Surely people who regularly use their arranged overdraft will just spiral into debt?!
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Overdafts - Interest rates due to rise significantly
13 replies
BernadetteRostankowskiWolowitz · 22/01/2020 07:45
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