A supporter of our Clean up Credit campaign, speaks openly about his experiences of payday loans spiralling out of control in this guest post, Skint Dad. He shares their tale to simply help other people from stepping into debtвЂ¦
This past year, my fiancГ©e and I also had been both working and doing OK (I was determined to have a good Christmas so I thought) and. We knew we had been both due become compensated right before Christmas time and We knew we couldnвЂ™t keep it until then to accomplish the xmas shopping.
After checking the bank i possibly could see we were currently well into our overdraft and the thing that was kept will be necessary for meals and travel. We knew what to accomplish. Like I experienced done during the last month or two before вЂ“ I would personally just just take down an online payday loan.