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TeachMeFinance.com - explain overdraft protection overdraft protection -- a line of credit that is activated when a customer writes a check that totals more than the funds in his or her checking account. With overdraft protection, the institution on which the check is drawn automatically loans money to the checking account when an overdraft situation occurs. About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.