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should i opt for a larger overdraft?

2»

Comments

  • staffie1
    staffie1 Posts: 1,967 Forumite
    Part of the Furniture 1,000 Posts Photogenic
    Lokolo wrote: »
    I thought that at first. I have £6000+ in savings and I am -£950 into my overdraft lol.

    Oh well done you :rolleyes:
    If you will the end, you must will the means.
  • ipodchick2144
    ipodchick2144 Posts: 42 Forumite
    overdrafts arent there until you can pay them off they only remain there for about a year or so, then u will return back to ur original leaving u with loads to pay off all at once, believe me, ive been there, don't do it!!!!!
  • staffie1
    staffie1 Posts: 1,967 Forumite
    Part of the Furniture 1,000 Posts Photogenic
    ipodchick2144 wrote: »
    overdrafts arent there until you can pay them off they only remain there for about a year or so, then u will return back to ur original leaving u with loads to pay off all at once, believe me, ive been there, don't do it!!!!!

    ...they're also repayable on demand
    If you will the end, you must will the means.
  • ipodchick2144
    ipodchick2144 Posts: 42 Forumite
    staffie1 wrote: »
    ...they're also repayable on demand

    very good point yes i forgot about that:eek:
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