Overdrafts are silly
I have a £1,000 interest free overdraft on my student back account. They will increase it if I ask them. Halifax will give me a £2,750 overdraft. They are just throwing money at me.
Yet when I apply for a comparatively small overdraft of only £100 on my non-student current account, the application gets declined even after I tell them I have a job!
Lloyds TSB informed me that based on the information I had provided them I had been declined. Even though they hadn't asked my any questions about my income. How does that work?
Welcome
- Greetings! I'm Chris and this is my blog about debt, finance and generally having no money. Luckily as a student, it's just expected of me to have no money so it's all good.