As the start of the academic year draws closer, banks are battling it out to woo freshers and returning students into opening ...

A negative bank balance doesn't directly affect your credit score, but missed EMIs, failed auto debits, or account closures ...

Overdraft services for debit card and ATM transactions can rack up huge fees on small purchases, according to a study out this week from the federal Consumer Financial Protection Bureau. The ...

"Using BNPL for consumables like groceries is a red flag; it suggests a household might not be appropriately managing cash ...

It's the biggest change in overdrafts in a generation and could mean you paying double. If you recently ignored a text from your bank with something about "fees", you might soon wish you hadn't ...

Bank Overdrafts Are Too Frequent and Too Expensive, Report Concludes Expensive overdraft protection fees have become a “frequent and harmful” practice throughout the banking industry ...

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 ...

Arranged overdrafts are most often used by 18 to 24-year-olds, according to the Financial Conduct Authority. With 44% having dipped into theirs during the past 12 months.

Overdrafts are intended to be used as a short-term safety net, not for long-term borrowing. » MORE: What is a credit score? Protecting your credit score when using an overdraft.