Moneynet in The Press

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rising overdrafts mean it’s time to cheque out

Published: 06/06/2009

The Independent (Main)
The Nationwide this week became the latest to ramp up charges on overdrafts, while Barclays is increasing its rate from Monday.


“This increase will hit customers who are becoming ever more reliant on their overdraft facility during the downturn , especially those who have to work reduced hours or accept a lower rate of pay to keep their job,” says Andrew Hagger of Moneynet.co.uk.
 

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