Whilst The Student Loans Company offers about the cheapest borrowing you may ever come across, sadly the same cannot be said of student overdrafts, which need to be handled with extreme care. The market for student banking is highly competitive. With an average graduation debt of some twenty thousand pounds, before even the new legislation kicks in, would you have the confidence to move your account? Student overdrafts are great for improving cash flow, but not something to keep past graduation, when interest is charged. Wealthy Student is a financial advisory site, run by and for students and providing all sorts of handy tips, discounts and vouchers. Why not check them out during National Student Money Week?
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