Tag: overdraft facility
Overdraft interest on average is 12 percent
As of: October 10, 2023 9:26 a.m Anyone who takes advantage of an overdraft as a bank customer always has to pay more for it. On average, overdraft interest rates…
Overdraft interest: why the costs are rising and how you can protect yourself
Seven mistakes families make on vacation Hoping for a relaxing time on the campsite, choosing the destination for the child or wanting to stick to the rhythm: How parents spoil…
Installment loans: when debt suddenly hurts again – economy
Gone are the days when people could borrow money cheaply from the bank. If you buy a car or a washing machine on credit, you have to be prepared for…
If the bank terminates a consumer portal – economy
Of Harold Freiberger Life is a random generator that sometimes produces unusual constellations. Such a coincidence brought together the VR-Bank Landsberg-Ammersee and the consumer portal Biallo.de in 2006. Horst Biallo,…
Higher interest rates: "The overdraft facility is the entry point into the debt trap"
Everything is getting more expensive, now the banks are also raising the overdraft interest – often to more than ten percent. This affects those who have nothing anyway. Consumer advocates…