POSSIBLY 
WHEN AN OVERDRAFT HELPS
An overdraft can help improve your credit history if 
On Your Bank Account – if you have one on your bank account this shows lenders that your bank trusts you.
Is Not Used – if you do not need to use it this shows you manage your money well and don’t need it.
WHEN AN OVERDRAFT CAUSES PROBLEMS
An overdraft can damage your credit history if 
Regularly Used – if you use the overdraft every month you will see a negative impact on your credit report.
High Expenses – regular overdraft use suggests to lenders that your expenses every month are higher than your income.
If you cannot live outside of your overdraft, consider getting a manageable loan instead, this will look better on your credit file.