Tag: Overdraft

  • Does Being in Your Overdraft Affect Mortgages?

    Does Being in Your Overdraft Affect Mortgages?

    How Overdraft Usage Affects Your Mortgage Application: What You Need to Know When you’re preparing to apply for a mortgage, every aspect of your financial situation comes under scrutiny, and that includes your overdraft usage, in the same way lenders look at your other debts.  Overdrafts are a common financial tool used by many to… Read more

  • Does Using an Overdraft Affect Credit Score?

    Does Using an Overdraft Affect Credit Score?

    How Overdrafts Impact Your Credit Score and Mortgage Approval Overdrafts are a common financial tool used by many people to manage short-term cash flow issues. However, if you’re considering applying for a mortgage or other forms of credit, you may wonder how your overdraft usage might affect your credit score. At Kerr & Watson, we… Read more