Overdraft Jitters! Ouch!

Helpful debt resource?

Sure, it may be easy cash just when you need it.

A real life-saver.

For me, whenever I get a scam call over my mobile, I will always retort, " No, I do not want a personal loan. Any possibility of an overdraft?"

Overdraft facility are not easy to get. You may need to have huge fixed deposits at the bank for them to consider.

Fortunately, I got mine when they issued a credit card to me as an attraction- a sweetener!.

Carrying until your arms drop!

This one is the cheaper version though it is still higher than the industry overdraft facility. Instead of charging me legal fees for a loan agreement, they take an insurance on the quantum. I had this for more than 20 years and it had served me well.

I am unfortunately having another more expensive one.

The one from a foreign bank is a instant killer.

The interest for the lesser one may be about 8% interest but the latter charges  'an arm and a leg' tariff of 12% a year. The interest runs almost like a fuel meter when you fill up you car with gas! You will run amok if you see the bill at the end of the month!

Poor Graduate Debts

Yes, believe me,it will give you the jitters when you see the charges. Your mood may be bad the whole day long.Even a few day's borrowings can caused a burn in your wallet.

If you do not use it, it will be evaluated every quarterly and shrunk by a proportionate amount. I will let this one out to die on its own because of its Sylockian features that are inhumanely built-in.

As for the other one, I will have to live without it when they take it away.

So, the days ahead may be a frugal time for me.

Whatever it is, with or without overdraft facilities, it is the jitters!