Ask The Money Doctor: John Lowe on family finance
Closing expensive bank accounts
Question: I have three bank accounts and a credit union account at the moment. I was thinking of closing the bank accounts due to the fees I am currently paying. Will this affect my credit history? Also, I have about €35,000 to invest for between five and ten years – where is the safest and best return?
**Answer:** Maintaining one current account, let alone three, is expensive, especially if you use overdrafts and...
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