asked 43.5k views
0 votes
A person might accidentally overdraw because they forget to record a deposit.

a. True
b. False

1 Answer

7 votes
This is true. Some banks might let you overdraw as a small loan and then when you pay it back you pay it back with interest. If you don't know how much you have it's easy to overdraw if you're not careful and this can really get you into financial problems because the interest is often high.
answered
User Ilya Vinogradov
by
8.2k points
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