The Forum is currently experiencing technical issues which the team are working to resolve. Thank you for your patience.

Student Overdraft help

I am a graduate about to lise my student account and get charged over £60 per month on my £3000 overdraft. The trouble it I am now studying for a second degree and my income is limited. I already have 2 part time jobs and get a bursary. Atthe moment I am just staying still and dont know how I will cope having to work extra shifts to pay the fees.

I was wondering if there was any way to change to another bank with less hefty charges. I am currently with Halifax Bank of Scotland. Can anyone help?

Comments

  • Lokolo
    Lokolo Posts: 20,861 Forumite
    Part of the Furniture 10,000 Posts
    An overdraft at 18% would be cheaper than the Halifax one, but you are honestly going to struggle finding anyone who will give you a £3k overdraft without proper income.

    Sorry to say this, but your choice to do a second degree should have been given more thought.
  • How long have you had your student overdraft with HBOS?
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 350K Banking & Borrowing
  • 252.7K Reduce Debt & Boost Income
  • 453.1K Spending & Discounts
  • 242.9K Work, Benefits & Business
  • 619.8K Mortgages, Homes & Bills
  • 176.4K Life & Family
  • 255.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 15.1K Coronavirus Support Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.