Today we have for you a really well designed infographic from payday loan provider Sunny Loans.
The infographic takes a look at what you need to know about unauthorised infographics.
Unauthorised overdrafts are the enemy of budget – you really want to avoid going into your overdraft if possible, especially if unauthorised.
Different banks have different rules and charges, so what happens will depend on what bank you are with – but it is almost universally not great – you will often end up paying daily interest until you get back out of your overdraft.
The infographic contains a range of tips and basic/essential advice, such as using mobile apps to manage your banking and phone spend – and talking to your bank ASAP / before you actually get into trouble with your overdraft.
View the infographic in full below:
Source: Sunny Loans