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Has anyone had their overdraft reviewed and revoked??

Better_Off_1983
Posts: 385 Forumite

Do the bank demand the money back in full by a certain date or by instalments?
This is just a general question, out of interest. I work in finance and I hear many customers advise that their overdraft has been taken off them, but do some banks take it back in full because the customers advise me like it is the end of their world!
I have been with my bank for 15 years. My bank reviewed my overdraft and they have increased by a further £250.00 (currently now at £1750) I will not be using it, it will just be there as a safety net... I certainly will not be tempted to us it during Christmas!
Thanks
This is just a general question, out of interest. I work in finance and I hear many customers advise that their overdraft has been taken off them, but do some banks take it back in full because the customers advise me like it is the end of their world!
I have been with my bank for 15 years. My bank reviewed my overdraft and they have increased by a further £250.00 (currently now at £1750) I will not be using it, it will just be there as a safety net... I certainly will not be tempted to us it during Christmas!
Thanks
DEBTFREE AND PROUD!!
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