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What is the overdraft limit on your current account ?
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You know an Overdraft AKA the business accountOriginally posted by EternalOptimistI am a contractor. Whats an overdraft?
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When you can get 15k on interest free credit cards why have an overdraft?Originally posted by eliquantWhat is the overdraft limit on your current account ? I am applying for a 15,000 GBP overdraft from a 5,000 GBP given my good history of income contracting, I've come clean and told them I am self employed with a big mortgage
so what do you think my chances are of securing that limit ?
Ironic answers on a post card please ...I remember the good old days of this site when people used to moan about serious contractor related issues like house prices and immigration. How times have changed!?Comment
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gotta say a 15k overdraft sounds crazy...
but then financial planning is a state of mind..--------------------------------------------------------------------------------
SA - Is it like a dragons nostril?Comment
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£0 - personal and £0 business account and £600 business credit card.
I run a tight ship....which is why I've paid hundred in overdraught charges caused by wife losing head and buying shoes 'til the sun drops outta the sky. (or emmerdale comes on whichever comes on first)McCoy: "Medical men are trained in logic."
Spock: "Trained? Judging from you, I would have guessed it was trial and error."Comment
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£1,000 but i've never used it and probably never will.
Never spend money you dont have !Keep it clean!!!Comment
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