He discussed the topic on The Martin Lewis Money Show Live and gave advice on debt and how to clear it, reports Mirror Online.
"Most consumer overdrafts are now 40%, double a high street credit card, which means debit cards are now danger cards if you're overdrawn." He also advised people to in serious trouble to contact services like StepChange if they are in real difficulty. "People also ask me, can I shift my overdraft onto a 0% card? The answer is yes, but only a few specialist cards. It's called a money transfer.
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