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Someone going just a few pounds overdrawn can be hit with a huge bill, ' said Dan Newbolt of finance industry journal Moneyfacts.
The interest charge will be calculated on any overdrawn amount for each day that the account remains overdrawn amount for each day that the account remains overdrawn.
You will not be charged for being very slightly overdrawn on this basis.
Paul's bank account with God was massively overdrawn.
I am already overdrawn, my wife is a saint.