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Do student overdrafts affect your credit rating 2024?

Oliver Evans | 2023-05-07 09:54:17 | page views：1569
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Mia Coleman

Studied at University of California, Berkeley, Lives in Berkeley, CA
An overdraft is not required to be paid off at any particular time, and staying in the red will not generally adversely affect your credit rating. The bank is entitled to call in the overdraft at any time, and your credit record would be affected if you didn't repay it on request, but in practice they don't do that!
2023-05-14 09:54:17
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Oliver Baker

QuesHub.com delivers expert answers and knowledge to you.
An overdraft is not required to be paid off at any particular time, and staying in the red will not generally adversely affect your credit rating. The bank is entitled to call in the overdraft at any time, and your credit record would be affected if you didn't repay it on request, but in practice they don't do that!
Student Account overdraft->savings - Will this affect your credit ...
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