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RBS removing my overdraft limit
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JohnSwift10
Posts: 490 Forumite
I've just had an email from RBS about my current account that I've had for over 30 years, they are removing my overdraft limit, do you think they want rid of me?
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Do you use your overdraft? I ask because generally it is just banks looking to get rid of overdrafts that aren't used because they can then lend to someone else instead as they can't lend infinite sums and need funds to back them - or just to decrease their risk by reducing total lines of credit. I don't think they are trying to get rid of you - so don't worry in that respect.JohnSwift10 said:I've just had an email from RBS about my current account that I've had for over 30 years, they are removing my overdraft limit, do you think they want rid of me?If you want me to definitely see your reply, please tag me @forumuser7 Thank you.
N.B. (Amended from Forum Rules): You must investigate, and check several times, before you make any decisions or take any action based on any information you glean from any of my content, as nothing I post is advice, rather it is personal opinion and is solely for discussion purposes. I research before my posts, and I never intend to share anything that is misleading, misinforming, or out of date, but don't rely on everything you read. Some of the information changes quickly, is my own opinion or may be incorrect. Verify anything you read before acting on it to protect yourself because you are responsible for any action you consequently make... DYOR, YMMV etc.2
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