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The different between an overdraft and loan is that an overdraft?

The different between an overdraft and loan is that an overdraft?
  • A.
    does not yield interest
  • B.
    is giving to savings account holders only
  • C.
    yields interest on the customer before it is granted?
  • D.
    yields interest only on the sum drawn
  • E.
    requires no application by the customer before it is granted
Correct Answer: Option D
Explanation