Consumer may end up paying through the nose for using overdrafts for Christmas spending

Industry officials have warned that many consumers may end up paying through the nose for using their overdraft facilities to fund the expense of Christmas. Many may also be planning to dip into their overdrafts to make purchases in the January sales, resulting in an increase in the number of people that will be hit with these charges. Read more

Tags: Christmas spending, base, New, sales bargains, borrowing, overdraft costs