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

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

Philip and Victoria Sherlock are now living in car on commercial property near Wrexham after being evicted from your home whenever high interest levels see their debts spiral out of hand

A few claim they are obligated to are now living in their vehicle after pay day loans delivered them spiralling into financial obligation.

Philip and Victoria Sherlock borrowed ВЈ830 from loan providers to pay for their lease after he fell ill and had to stop their physically job that is demanding.

But interest that is high saw their debts spiral out of control and, despite 32-year-old Mrs Sherlock accepting additional hours at your workplace, these people were evicted in February.

They stated they asked the council for assistance, but stated these were told these were perhaps not considered risky sufficient for emergency accommodation. Continue reading