Barclays alerts customers about potential overdraft limit changes, causing financial stress.

Barclays has warned customers about letters regarding changes to their overdraft limits following annual reviews. The bank acknowledged the stress this may cause and provided a mental health support page. Customers can view the letters in their online banking within two days. Barclays charges 35% interest on overdrafts, and having an overdraft may affect credit scores.

2 months ago
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