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Unarranged overdraft fees can cost bank customers £156 more than payday loans
Former_MSE_Lucinda
Posts: 46 Forumite
Unarranged overdraft fees can cost bank customers up to seven and a half times more than borrowing from a payday loan company, new research shows. But there are steps you can take to avoid these sky-high charges....
Read the full story:
Unarranged overdraft fees can cost bank customers £156 more than payday loans'
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Unarranged overdraft fees can cost bank customers £156 more than payday loans'
Click reply below to discuss. If you haven’t already, join the forum to reply. If you aren’t sure how it all works, read our New to Forum? Intro Guide.
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Comments
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The title makes no sense whatsoever.
It would make sense only if £100 and 30 days were mentioned along with £156.
"Up to seven and half times" makes even less sense.
One can borrow £50 from Wonga for 1 day for 40p.
Even £5 daily fee is 12.5 times more than 40p.
I wonder who has done this 'new research'
and how much it cost. 0 -
Poor quality click bait.0
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