‘We’re only an accident away from having nothing’: Hownew overdraft charges could harm British families
NHS midwife Jennifer Stephenson, 32, and her husband, 35, first became aware that their bank, Nationwide, was about to start charging them 39.9 per cent interest on their overdraft when they got a newsletter from a third-party money saving service in July this year. The couple from Preston, who have three school-age children, both work full time but still fall short by around £200-300 per month. Read more.