Banks to hike overdrafts to up to 50% this month after delaying rises due to coronavirus – here’s what yours is doing Helen Knapman, Digital Deputy Consumer Editor Published: 15:00, 2 Jul 2020 ...

We rely on our bank accounts to pay bills and manage finances, but your bank can close them — whether it's a checking, ...

The FCA has capped payday loan charges and interest at the equivalent of £24 for £100 of borrowing over 30 days, but it has failed to act on overdrafts, which can be significantly more expensive ...

If you are considering a new overdraft, here we explain what an overdraft is, how overdrafts work, the penalties for using them, and how much they’ll cost you.

Expensive overdrafts, rent-to-own schemes that see you pay five times the purchase price, doorstep lenders and store cards are set to face tough new rules designed to protect customers - and it ...

Overdrafts are intended for short-term borrowing. For example, when faced with an unexpected expense, your overdraft can act as a safety buffer, letting you borrow from your bank until more money ...

For example, someone who's set up a £1,000 overdraft limit with their bank. The rates on these overdrafts are currently around 16% - 20%. Many of the big banks are raising that figure to around 40%.

Money News Money DON'T BANK ON IT Barclays pulls overdrafts for some customers as cost of living crisis hits James Flanders Published: 14:23, 16 Aug 2022 Updated: 16:52, 16 Aug 2022 ...

This table presents figures on overdrafts on current accounts. Figures from the Dutch Central Bank are used one-on-one by Statistics Netherlands. Data available from June 2010 to December 2017. Status ...