In this visitor post, Skint Dad, a supporter of our tidy up Credit campaign, talks openly about their experiences of pay day loans spiralling out of control. He shares his tale to simply help other people from stepping into debtвЂ¦
This past year, my fiancГ©e and we had been both working and doing OK (I was determined to have a good Christmas so I thought) and. I knew we had been both due to be paid prior to Christmas time and We knew we couldnвЂ™t leave it until then to complete the xmas shopping.
After checking the financial institution i could already see we were well into our overdraft and the thing that had been left could be needed for meals and travel. We knew just what to complete. Like I’d done for the past few months before вЂ“ we would personally just simply simply take down an online payday loan.
It had been easy peasy I had the option to borrow some moneyвЂ“ I just pulled out my phone, opened the payday loan app and within a few minutes.