Taking out a payday loan can lead to a cycle of ever increasing payments, where you borrow an amount you need, then you borrow a higher amount to cover the original loan. This can escalate quickly.
If you are having trouble with payday loans, then it’s quite possible you have other debts as well.
Day: 1 September 2021
‘Living in your overdraft’, is a common and all too easy thing to do. Sometimes it can be a problem that has happened bit by bit, or sometimes it can be as a result of a splurge or emergency.
Whatever the cause, it can be easy to forget that your overdraft is a debt and to simply accept the monthly fees that may be attached to it.