When I was at university, an interest-free overdraft seemed like a dream. It was a gateway to getting drunk every weekend, buying lots of clothes and make-up, dining like a royal, and not having to care about the financial consequences. Or so I thought. Now we’re going to fast-forward six years to when that was all but the case.
My frivolous university existence lead to the maximisation of a £2000 student overdraft. It was this that lead to my financial downfall.