The Stop Loan Sharks agency is warning against illegal lenders as families struggle with price rises.
Families struggling to keep up with the rising cost of living are being warned of the dangers of loan sharks.
"Because it left me a bit short I'd borrow again," she said. "And then I just kept borrowing and borrowing, just to keep myself afloat." About £900 of her monthly salary of £1,048 was going straight to the loan shark. Kelly said she frequently thought of suicide, as her family were hanging on by a thread.
Cath Williams from Stop Loan Sharks said that the number of people turning to illegal lenders has increased significantly over the last decade and the cost-of-living crisis is a big worry. If a loan shark turns up at your home, or you are in immediate danger, it is best to contact emergency services.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Two of the best Nespresso machines are under £100 at Amazon right nowThese UK-based Nespresso deals are selling fast 🚨
Read more »
Hammersmith and Fulham dog walkers without poo bags could be finedDog owners in Hammersmith and Fulham could be fined £100 under plans proposed by the council.
Read more »
How to make £100 in one afternoon as a mystery shopperBecoming a mystery shopper is one of the quickest ways to make money 🛍️ ✍️ gracegausden93
Read more »
Hotel Chocolat Podster has £100 off in HUGE Black Friday dealTHERE’S £100 off the Hotel Chocolat Podster this Black Friday but you’ll need to be super quick. The fabulous coffee machine has £100 slashed off the price and we can’t wait to ge…
Read more »
HP Inc to shed 4–6,000 staff, cut costs by $1.4 billion‘Portfolio optimization’ plan aims to cull some PCs, sell more pricey subscriptions
Read more »