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Halifax will not allow for o/d reduction

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Comments

  • grumbler
    grumbler Posts: 58,629 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 7 July 2014 at 10:50PM
    SBOSlayer wrote: »
    I so badly want to be debt free as this is my last bit of student debt :mad:
    I have several £K of overdrafts (limits) available and I am debt-free. What stops you from getting debt-free?
  • mgdavid
    mgdavid Posts: 6,710 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Goldiegirl wrote: »
    I've got an overdraft limit on my account, but I've never used it.

    It's not obligatory to keep your account at the overdraft limit.

    If you want to reduce your overdraft, just pay money into the account to reduce the amount the account is overdrawn- it doesn't matter what the overdraft limit is, the bank won't force you to remain overdrawn to the full amount of your limit!

    ^^ This.
    It's like the speed limit on the roads - it's a maximum, not a target to aim for !
    The questions that get the best answers are the questions that give most detail....
  • PeacefulWaters
    PeacefulWaters Posts: 8,495 Forumite
    University education doesn't seem to enable the construction of coherent sentences that enable the reader to understand what's going on.
  • 27col
    27col Posts: 6,554 Forumite
    No sign of Slayer. Perhaps they've been slain
    I can afford anything that I want.
    Just so long as I don't want much.
  • If it's the overdraft limit that needs reducing I would move to a different bank and say no overdraft when you open it.

    I have one with Lloyds with an overdraft - they keep trying to push a £3k overdraft on me but I don't need it.
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