Irish Daily Star - Money Doctor column 7.4.16

BANK OVERDRAFTS

Q – My bank have stopped my overdraft facility. It was only € 2,000 and I only exceeded it recently. Can they do this ? I have been put on short time by my company and my wife lost her part time job. They have told me they are switching this to a term loan over 3 years. Do I have to accept ? Barry – Wicklow

 

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