mortgage overdraft

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Database glitch delays salary payments

News If people exceed overdraft limits due to the delay, they will not be charged while missed mortgage repayments will be covered by the banks. Up to 400,000 workers have not received their salaries as usual... [30 Mar 2007]

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Financial Services
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apacs, voca, bacs

Peter Cochrane's Uncommon Sense: Exponential growth - so misunderstood

Comment Surprisingly, when I move on to explain that an exponential function is exactly like compound interest (what you pay on a loan or overdraft) I find that the vast majority still don't understand. They have a... [08 Aug 2002]