What Happens When Your Bank Account Is Overdrawn?


An overdrawn bank account can cause a chain reaction of events.

If you miscalculate the amount of money you have in your bank account, an overdraft can set off a chain reaction of problems including negative balances, nonpayment of items, fees, and even collections and charge-offs.


Negative Balance

Nonpayment of Items

Items That Can Cause Overdrafts


Collection and Charge-Off

Fixing an Overdrawn Account

-Quiz: Negative Balance