An overdraft is a type of credit (borrowing) facility.

Payment history is reported to credit bureaus on a regular basis, which have their own method for calculating scores.

Generally, the use of a credit facility can support a credit rating as it demonstrates a person's credit experience. However, if credit payments are late or missed, it may impair your credit score.

When you apply for an overdraft, we will perform a 'hard' search of your credit file. This leaves a footprint of your application that is visible to other lenders. 

Kroo has partnered with TransUnion credit bureau - more information is available on their website.