Stuck In My Overdraft!

Example

Currently a student who is stuck in his overdraft.
I've got a £1,500 overdraft which I'm -£900 in and can't get out since I can't get a job(Looked everywhere twice) and cant ask parents since it too much money.

Any help would be much welcome!

GothicStirling

When you say you've tried everywhere, have you tried asking restaurants/hotels/pubs whether they are looking for staff, rather than waiting for ads to appear? Also, are there any tourist attractions or airports nearby, they'll be hiring for the tourist season that is starting soon.

RocketMan

When I was a student, many years ago, we used out interest free overdrafts as money. I maxed mine at £2000, then found this site and turned it around. Assuming it is your interest free overdraft from you student account you wont have to start paying it back until you graduate.

Look at what you are spending and try to come up with a budget.

You could look at what you need to spend on (rent, food, utilities, transport, books, etc), and then work out how much this will cost (approximately) for your remaining time at uni.

Then subtract this value and your £900 from how much student loan you are yet to receive. This is how much you have to spend on fun things, and should leave you out of your overdraft at the end of uni.

If this value comes up as negative speak to you university about a hardship grant/loan, take along your budget and your calculations and they should be able to help you out.

Good luck!