Doorstep loan dangers
An increased uptake of high-interest loans has raised concerns about people getting into debt.
An increased uptake of high-interest loans has raised concerns about people getting into debt.
The number of people relying on quick, high interest loans is rising. The Centre for Responsible Credit says companies should share information about customers who are already in debt. The change would protect low income borrowers from irresponsible lenders.
Kath Simms and Kath Carter, both from Stockton, have stuggled with loans for years. They told ITV how easy it is to fall into financial ruin.
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