If you overdrawed your account during 2008 with more than 1250 euros, you were not alone; an enormous amount of 40% of the cardowners did. This is an increase by 10% compared to 2007. The economic downturn makes people are more and more likely to overdrawl, although the huge interests rates for these debts that even can make things worse. But even this has its advantage; the huge profits on this short term debts are a lucky coincidence for the bank sector in these hard days.
Ward Reynaert
http://www.tijd.be/nieuws/economie-financien/-Meer_Belgen_in_het_rood-.8239583-600.art
2 opmerkingen:
Not a very attractive title.
overDREW ... by ...
*the* cardowners - why 'the'?
amount --> number
(And it should be cardHOLDERS.)
The 'economic downturn' clause is not grammatically correct.
overdrawL ?
The 'although'-clause is not grammatically correct
*this* debts?
(GJ)
Overall: interesting topic, very poor grammar!
Watch out for money troubles
The enormous amount of 40% of all cardholders overdrew their account during 2008 by more than 1250 euros. This is an increase by 10% in comparison with 2007, which is mainly caused by the economic downturn. These debtors, who have to pay back their debts with a huge interest, run the risk of getting into financial troubles. The Consumer’s Council is calling attention to this rising problem.
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