Credit Loan – Overdraft Interest Rates Continue to Fall

Credit Loan – Overdraft Interest Rates Continue to Fall

For bank customers, it is annoying if the account slips into the downside. Finally, then incurred costs for the credit line. But the good news for consumers is: Overdrafts are cheaper. But the old problem remains: financial institutions do not pass on falling interest rates to customers to the same extent as rising interest rates. Banks reduce disbursement interest In the past, banks have adjusted their own discretionary rates little or not at all to the otherwise low interest rates. This has changed at least partially at the beginning of this year. While banks at the beginning of 2016 charged…