What Happens When Your Bank Account Is Overdrawn?

http://www.ehow.com/facts_5810163_happens-bank-account-overdrawn_.html

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

Fees

Collection and Charge-Off

Fixing an Overdrawn Account

-Quiz: Negative Balance