Bidding For Too Many Olympic Tickets May Leave People In Debt

Many people will now be kicking themselves after they failed to exercise restraint when signing up for Olympics tickets. 1.8 million people have provided their bank details to the Olympics ticket distributors, and the money for tickets will be deducted from their accounts on Monday.

Although people have the opportunity to sell back unwanted tickets, their accounts will debited for the price of all tickets allocated.

Many people did not consider the sate of their finances when signing up for tickets and they may be pushed into debt on Monday.

If you are worried about going over the limit of your overdraft on Monday you should contact your bank and ask permission for you overdraft to be extended. Going over your overdraft limit can lead to penalty fees which will only add to the misery if you have just been knocked into debt.

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