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One in 10 permanently in the red

One in 10 Britons are premanently overdrawn and more than a third have dipped into the red at least once during the past year.

Almost 10% of people admit that their current account is never in the black and 37% of consumers are either always overdrawn or have used their overdraft facility at some point during the past 12 months according to moneysupermarket.com.

link to full article

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May be as bad as early 90s
 

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Thursday, 28 March 2024