I’ve got a $1000 interest free overdraft as a student. Does this mean I can be in debt by $1000? (not that I want to be)

How long could I be in debt for?

Also what’s in it for the bank? They seem to be really pushing it but if I don’t have to pay interest on it why are they trying to get me to take one out?

(I reside in Ontario, Canada)
To withdraw money from RRSP, do i have to put in all that money first, say, ” Put in 10,000 dollars to pull out 10,000 dollars tax free for house down payment ?”.

Could i pull out money, that not in RRSP, like overdraft ?

Just wondering what is the quickest route to get a mortgage and down payment. Thanks everyone!

I understand that pay stuff on time and this is very important. Hence my question on Overdrafts.

2) I know need have at least $15,000 to get Capital One card
3) Is it important what rate (%) on credit card for your 1st card?
4) Is it true that you should keep the 1st credit card for a long time?
5) What other ways besides buying a car can get credit?
6) Does overdraft protection on your bank acount help with credit?
7) I know about the Trans X credit check stuff once a year. There’s an other one, but what that called?
8)Is it true that it doesn’t help pay past due stuff? and How long do you have to wait is 5years in Canada or 7 years plus couple to truly clear it???
9) I understand that using dept store cards maybe my best bet, which has the best rate % ???

I want serious HELP!!! I really want to fix it as fast a possible!!!