Consumers relying on payday
Spokesperson for National Debtline Beccy Boden Wilks stated that people relying on this type of credit could end up in a dangerous cycle of debt as they endeavour to pay off the
“If somebody feels the need to use a payday
Ms Boden Wilks added that the interest rate on these short-term
Consumers who are struggling with their finances and are spending more each month than they earn should seek advice and make cutbacks, she advised.
National Debtline offers a debt advice to people in England, Wales and Scotland.
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