Few forced to reside in Ford Focus as pay day loan financial obligation spirals out of hand

Few forced to reside in Ford Focus as pay day loan financial obligation spirals out of hand

Philip and Victoria Sherlock reside in car on commercial property near Wrexham after being evicted from your home whenever interest that is high see their debts spiral out of control

A couple of claim they are forced to are now living in their vehicle after pay day loans sent them spiralling into financial obligation.

Philip and Victoria Sherlock borrowed ?830 from loan providers to pay for their lease after he fell sick and had to stop their actually job that is demanding.

But high interest levels saw their debts spiral out of hand and, despite 32-year-old Mrs Sherlock dealing with additional hours in the office, these were evicted in February. Read More