Over my over-draft

brungle

Well, it happened. I went over my overdraft. One which ive been living off for nearly 3 years. Time to kick my !!!! and start reducing it.


Question is, since it's an overdraft, can lloyds Tsb decide to cancel the overdraft facility?

pcombo

Banks can remove overdraft facilities at anytime.

pmduk

I'd talk to them now, acknowledge you're in the wrong and agree a plan to get it under control. I assume it's the customers who take the ostrich attitude that worries banks most. Although, as pcombo said, banks can and do cancel overdrafts at any time.