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    I graduated this year and am starting work in November, however I will not get my first wage until the end of December. I will be moving houses for work, meaning that I need to pay two months of rent and a deposit before I get paid. This will drop me pretty far into my overdraft and I'm not sure if my overdraft will last the two months until I'm paid.

    I'll be more than capable of paying off my full overdraft after my first month's wages come in, it's just having enough money until that date that may be an issue. AFAIK my Santander student overdraft is already the max amount it can be (£2000).

    Is my best bet to either borrow a bit of money from a friend/family member until I'm paid or get a £1000 12 month loan (which will be around £1150 to repay throughout the year) or is there something I could do which I'm not aware of?
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    (Original post by r10k12)
    I graduated this year and am starting work in November, however I will not get my first wage until the end of December. I will be moving houses for work, meaning that I need to pay two months of rent and a deposit before I get paid. This will drop me pretty far into my overdraft and I'm not sure if my overdraft will last the two months until I'm paid.

    I'll be more than capable of paying off my full overdraft after my first month's wages come in, it's just having enough money until that date that may be an issue. AFAIK my Santander student overdraft is already the max amount it can be (£2000).

    Is my best bet to either borrow a bit of money from a friend/family member until I'm paid or get a £1000 12 month loan (which will be around £1150 to repay throughout the year) or is there something I could do which I'm not aware of?
    I'd talk to your bank. They might extend your overdraft. But yes, do talk to friends and family.
 
 
 
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