Associate
HSBC is to abandon plans to scrap interest-free overdrafts for students leaving university this summer.
Thousands of students on Facebook had threatened to boycott the bank. The National Union of Students said this made all the difference to the protest.
The bank said in a statement: "Following the feedback from our graduate account holders, both directly and via the NUS, we have taken the decision to freeze interest charging on 2007 graduates overdrafts up to £1,500."
Linky: http://news.bbc.co.uk/1/hi/education/6970570.stm
Hoorah for facebook!
Thousands of students on Facebook had threatened to boycott the bank. The National Union of Students said this made all the difference to the protest.
The bank said in a statement: "Following the feedback from our graduate account holders, both directly and via the NUS, we have taken the decision to freeze interest charging on 2007 graduates overdrafts up to £1,500."
Linky: http://news.bbc.co.uk/1/hi/education/6970570.stm
Hoorah for facebook!
