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Does applying for an overdraft add a credit check?

trikidy
trikidy Posts: 289 Forumite
in Budgeting & bank accounts
If you asked to extend or open an overdraft, would this add a credit check to your file? Similar to when you apply for a credit card?

Thanks
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Comments

  • pcombo
    pcombo Posts: 3,429 Forumite
    They would check your circumstances and review your account and probably do a credit check.
  • trikidy
    trikidy Posts: 289 Forumite
    pcombo wrote: »
    They would check your circumstances and review your account and probably do a credit check.


    So that's a yes?
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  • stclair
    stclair Posts: 6,856 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    If your pre approved a credit check might not take place.
    Im an ex employee RBS Group
    However Any Opinion Given On MSE Is Strictly My Own
  • trikidy
    trikidy Posts: 289 Forumite
    stclair wrote: »
    If your pre approved a credit check might not take place.

    Does pre-approved mean if you already have one?
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  • opinions4u
    opinions4u Posts: 19,411 Forumite
    It depends on your bank.
  • zen135
    zen135 Posts: 115 Forumite
    Who do you bank with?
  • iluvsaving
    iluvsaving Posts: 60 Forumite
    At Barclays you have pre-approved limits so would know before you applied if there was the availability.

    But we don't know where you bank.
  • trikidy
    trikidy Posts: 289 Forumite
    Lloyds TSB
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  • BugsyBrowne
    BugsyBrowne Posts: 5,697 Forumite
    If you apply for an overdraft it will do a soft search on your credit file to see wether or not you can afford it like to much debt is the obvious negative.
  • trikidy
    trikidy Posts: 289 Forumite
    So even if I have an overdraft with Lloyds, and I apply to extend it, will this make a credit check?
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