Understanding overdrafts

Understanding Overdrafts

An overdraft lets you borrow money when your account balance reaches £0.

Overdrafts can be useful if you need a small amount of extra money for a short period of time. However, they're designed for occasional borrowing and can become expensive if you stay in your overdraft for longer.

If you're struggling financially

If you're finding it difficult to manage your money or repay borrowing, get in touch with us. We can discuss the support options available and help you find the right next steps.

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