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Credit Check for Reducing Overdraft !!!!
Comments
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Reducing or increasing, you're asking for a new overdraft facility. Best to leave it as it is and gradually repay it until it's gone.0
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You are effectively asking for a new limit for each reduction.
It's pretty much at the bank's discretion if they wish to run ad-hoc credit search when your using any borrowing facilities.
You might be better off using the piggy banking technique, if you have the tendency to overspend.This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com0
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