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Going in to overdraft

lydriver · 2015-06-28 08:11:44

This is stupid now I think about it but I have always used my £250 overdraft as if it was my own money since the first time I used it. I Get charged £6 for 'agreed overdraft usage' although I don't think this was always the case Always look at the 'available' figure on my online statement rather than the balance I've…

Comments

ShakeItOff Posts: 443 Forumite

29 June 2015 at 8:26PM

I regularly end up going into my (agreed) overdraft, and applied for a mortgage with Halifax. They don't seem to have a problem with it, but I suspect I would have been able to borrow more if I had it under better control. I was accepted though, and now going through the buying process. For Natwest (who I usually bank with), they wanted the OD and any other debts down massively - the difference was nearly £30k in how much I could borrow.

Natwest OD - Start: £1,500 Current: £1,500 | Creation Loan - Start: £2,152.33 Current: £2,082.90 | Barclaycard CC - Start: £5,242.42 Current: £5,416.45 | Novuna Loan - Start: £8,598.43 Current: £8,366.04 | Tesco CC - Start: £9,420.22 Current: £9,885 | Northridge Car - Start: £15,584 Current: £15,017

Starting total on 02.07.2024 is: £42,497.40 | Current total: £42,267.39 (0.5% paid off)
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