Keeping on top of the best practices in regards to your money can be an exhausting endeavour.

From things such as interest rates and credit ratings to wrapping your head around what exactly equity release means, the world of finance is a place in which it’s easy to find yourself getting a bit confused.

One practice you may not be aware and that could affect you negatively are the rules and regulation which surround unauthorised overdrafts. It’s a term many won’t be aware of, but if you find yourself in a circumstance where you need to utilise one, you may very well find yourself out of pocket.

A new infographic created by Sunny explains this practice and why consumers need to be aware of the consequences of falling foul of these rules.

You can take a look at the infographic below…

Everything You Need to Know About Unauthorised Overdrafts
Provided by Sunny Loans