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Student Overdrafts . . .


NiNES.

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  • 1 month later...

STAY AWAY FROM OVERDRAFTS. Get a part time Job because overdrafts f*ck up your finances. Natwest especially can decide to demand the whole 1250 if there hasn't been regular activity in your account. Happened to my boy, 1st year he got a 500 limit, then he munched that with 3 weeks and called them to put his limit to maximum which is 1250. Soon as he enrolled for second year, Natwest munched his student loan.

Got to be careful, negotiate with these banks and have EVERYTHING in writing

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Guest M12 Part 2

STAY AWAY FROM OVERDRAFTS. Get a part time Job because overdrafts f*ck up your finances. Natwest especially can decide to demand the whole 1250 if there hasn't been regular activity in your account. Happened to my boy, 1st year he got a 500 limit, then he munched that with 3 weeks and called them to put his limit to maximum which is 1250. Soon as he enrolled for second year, Natwest munched his student loan.

Got to be careful, negotiate with these banks and have EVERYTHING in writing

lmao dont listen to this post.

if you read the terms and conditions to your overdraft it says its only valid if your student loan payments go into the account and there is activity. e.g you spending/withdrawing money. If you dont follow the rules of course the bank have a right to demand their money. Its to stop people abusing the fact it's interest free money.

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STAY AWAY FROM OVERDRAFTS. Get a part time Job because overdrafts f*ck up your finances. Natwest especially can decide to demand the whole 1250 if there hasn't been regular activity in your account. Happened to my boy, 1st year he got a 500 limit, then he munched that with 3 weeks and called them to put his limit to maximum which is 1250. Soon as he enrolled for second year, Natwest munched his student loan.

Got to be careful, negotiate with these banks and have EVERYTHING in writing

LMFAO

not thinkin outside the box

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