'Massive worry' more will turn to payday loans amid interest hike
The warning comes as interest rates reach their highest level since 2008.
The warning comes as interest rates reach their highest level since 2008.
The Cambrian Credit Union has seen a surge in applications to borrow money - not for treats such as holidays or luxuries, but for essentials like food and fuel.
More than a third of parents in Northern Ireland have got into debt due to back-to-school costs, a survey showed.