Overdrafts | Debt Advice

Overdraft Debt

Overdraft debt has risen significantly in todays current climate. It is commonplace for most of us to have an overdraft in our bank accounts and it's very easy to become dependent on them every month.
People in debt who exceed their overdraft limit are facing higher charges than ever before. Some banks are charging £30 and more for even the smallest of limit exceeded.

Having an overdraft, or even exceeding your overdraft limit could have a
severe impact on your monthly income and expenditure and it is
very easy for the cycle to get out of control. Before you know it, you are deep in debt and it's impossible to get out of the situation you are in.

If you are in this position and would like to seek some debt advice or information on your bank charges or on how you could pay off or decrease your overdraft, contact us at Debt Advice.

You can ask a question instantly online now to one of our specially trained counsellors or fill in the form and one of our debt counsellors will be in touch.

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