Posts Tagged ‘bank overdrafts’


Overdrafts being cut by banks to cut credit

Monday, May 18th, 2009

It has been revealed that many banks are cracking down on overdraft facilities and limits in a bid to try and reign in credit. Some banks are now conducting regular reviews on overdraft limits, and are giving consumes just one month in which to repay the money after slashing their overdraft limit. (more…)