Customers See Red As Bank Overdrafts Become a Way of Life
Birmingham Post › April 29, 2006
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Summary
The extent to which hard-pressed consumers now have to live on the bank's money rather than their own has been highlighted by a new survey.
It showed that more than a third of people rely on their overdraft, while one in four current account holders admit they are nearly always in the red.See the full content of this document
Extract
Customers See Red As Bank Overdrafts Become a Way of Life
An estimated 14 million people make regular use of their overdraft, with the average person going pounds 677 overdrawn every mont...
See the full content of this document
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