Approved for overdraft $1,00,000,000
There is no such thing as free money and when banks offer it to you , you should be even more careful. Today i got a offer from a bank for a Overdraft facility of $10,000 and i was already pre-approved “WOW”. FREE overdraft Facility NO charges etc , No establishment fees .. what they didn't say in the email is what they charge when the overdraft is overdue . They probably will say all that when you fill in the form , but by that time you have already made up your mind to get an ovedraft Below I've printed in italic what you should be aware of when signing up for a overdraft You have been conditionally approved for a $1000 Personal Overdraft facility on your existing account, subject to some simple checks.^ A Personal Overdraft can be helpful if your account ever falls short of funds, because it could give you access to an additional $1000 …………...( and put you further into debt and we will charge you exorbitant rates for paying us...