They Don’t Want You To Know This…
62% of the British public that were surveyed were deeply concerned about their personal dept!
4. No Debt History? It’s Not As Good As You Think…
Before banks will approve your loan, they first have to consider your financial background. This can be made difficult if you’ve never used credit in the past.
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In this scenario, having no history could actually be worse than having one riddled with debt!
5. Re-Ordering Your Purchases!
Some banks are guilty of re-ordering your debit card transactions from any given day. Why?
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Well, it works out to advantage of your bank of course. If you fall into your overdraft, and your bank charges a fee for each transaction made after this, then you will end up paying even more money in fees.
6. They Run Your Deposits Last…
At some point, you have probably deposited money into your bank to cover the costs of payments that are due on the same day. Unfortunately, banks run the payments first meaning you’ll fall into overdraft and have to pay more fees!
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