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Banks should suspend new increased overdraft charges

1 reply

Sunshinesky1981 · 20/03/2020 14:52

To think that with thousands of people losing work or having to do reduced hours that banks should look to ease pressure by suspending their new overdraft charging policy which means many banks are now charging interest of up to 40%.. This is going to add to the struggle of many families who may end up facing huge charges if they have to rely on overdrafts while they wait for unemployment benefits to come in

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safariboot · 20/03/2020 14:59

It's not that simple considering that for a lot of borrowers the new charges are a decrease.

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