(Untitled)

[xbabieduckiex]

I applied for Over-Draft protection at my bank.

I got denied.

Maybe because I'm almost $5,000 in credit card debt - not to mention I have about $7,000 outstanding on my car loan.

Oh, and when I do make payments on my credit cards - I usually use what I paid a day or two later.

Maybe that's why.

I'm 20.

Comments

[mi_oso_mimoso]

isn't over draft protection like.. you have to give the bank 800 dollars and your protected 800 dollars. haha. thats what its like at my bank. i guess i have a ghettoish bank.

[xbabieduckiex]

The one I applied for they give you a line and it acts like a credit card sort of, if you overdraft it just pulls from it and then you pay it off when you have the money. It's like 18% interest but if you pay it back in less that a month you don't have charges. You can have a savings that works like what you said though.

[mi_oso_mimoso]

oohhhhh