Banks Accounts and Overdrafts

If an individual becomes ill, it is highly likely to affect their income. For someone who has direct debit and standing orders paid from their bank account and the income has reduced or stopped, this will almost certainly have an adverse effect on the bank account. It is advisable to make contact with the bank as soon as possible and discuss options which the bank may be willing to offer such as an overdraft facility to cover while the individual is getting benefits sorted out. It is always better to communicate with the bank as early as possible, this will save money on charges and interest accruing.