Surely those who pay huge percentages in overdraft fees should be grateful to the banks for pointing out how stupid they are?
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overdraft fees
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Whats an overdraft?Originally posted by Stevie Wonder BoyI can't see any way to do it can you please advise?
I want my account deleted and all of my information removed, I want to invoke my right to be forgotten.Comment
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Originally posted by Spacecadet View Postcare to elaborate?
Plus I enjoyed the quote from the book I read last - "Sh*t my dad says". I intend to model myself on that guy now.Comment
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Originally posted by SimonMac View PostWhats an overdraft?Comment
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Originally posted by BrilloPad View PostApparently it is something that affects poor people. I doubt you will find any of those on here.Comment
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Originally posted by BrilloPad View PostApparently it is something that affects stupid people. I doubt you will find any of those on here.Originally posted by Platypus View PostHumm.
I got myself into a lot of debt, including a heafty overdraft even though I was earning a good permie salary, and given the fact that at the moment no bank will give an overdraft to anybody with no moneyOriginally posted by Stevie Wonder BoyI can't see any way to do it can you please advise?
I want my account deleted and all of my information removed, I want to invoke my right to be forgotten.Comment
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Originally posted by SimonMac View PostI would say an overdraft is a sign of bad financial planning (stupid) rather than lack of money (poor).Comment
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Good financial planning means you typically have little in a current account, therefore it's easy to stuff up.
Example 1 - I had written a cheque A for £1000 from account A and I paid in a cheque B for £2k to account B before cheque A was cashed. The money showed up on Account A immediately but I couldn't move it until it cleared, 3 days later - in the meantime cheque B was cashed and I ended up overdrawn since I don't keep that much floating in the current account.
Example 2 - I knew my credit card was near the limit before we went on holiday and wanted to make sure we had credit available abroad. So I made an additional payment of a few £k. Only to find they didn't automatically take this off the balance, but proceeded to try and take the full amount from my account which was now empty after paying out several £k... hence my credit card company tried to charge me for failing to pay them, and my bank tried to charge me for a failed payment.
The more carefully you plan things, the easier you can stuff it up... keeping all your cash in one account would be far easierOriginally posted by MaryPoppinsI'd still not breastfeed a naziOriginally posted by vetranUrine is quite nourishingComment
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Originally posted by d000hg View PostGood financial planning means you typically have little in a current account, therefore it's easy to stuff up.Comment
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