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What criterion do you have to meet to be given about a £1000 overdraft from your bank? I just need one to pay off my remaining annual london travelcard fee, and I'd have the money to pay it back within the next few days.

2007-10-09 10:57:08 · 8 answers · asked by Anonymous in Business & Finance Credit

8 answers

I think your credit rating has to have been good over the last yr and you havent gone over drawn in this time and have to earn over £15000....

2007-10-09 11:00:12 · answer #1 · answered by JustJem 6 · 0 0

I'd have the money to pay it back within the next few days.

Then WAIT a few days to pay off the travelcard. If that is not an option, point out which part of you question is a LIE.

2007-10-09 12:57:05 · answer #2 · answered by STEVEN F 7 · 1 0

Most banks will extend an overdraft to the level of your monthly salary - assuming you have a reasonable credit rating.

2007-10-09 21:43:29 · answer #3 · answered by Johnny 7 · 0 0

Basically you need to have the money anyway, or sufficient income to be able to save that amount in a couple of months.

2007-10-09 11:00:18 · answer #4 · answered by Anonymous · 0 0

full time job that you have had for at least 2 years, good credit rating, equity, debt ration low in comparison to your wages.

2007-10-09 11:01:14 · answer #5 · answered by doclakewrite 7 · 0 0

you have to be brain dead to borrow that amount,you would have a job on paying back the intrest.

2007-10-09 11:07:48 · answer #6 · answered by Anonymous · 0 0

you could try credit cards as long as you really can pay it off.

you could also arrange one of those very cheap life-assurance policies and hand it over as security

2007-10-09 11:05:07 · answer #7 · answered by Gardener 2 · 0 1

criteria for that sort of borrowing is not actually needing it in the 1st place.

2007-10-09 23:43:24 · answer #8 · answered by alatoruk 5 · 0 0

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