A supporter of our Clean up Credit campaign, speaks openly about his experiences of payday loans spiralling out of control in this guest post, Skint Dad. He shares their tale to aid other people from engaging in debt…

Just last year, my fiancée and I also had been both working and doing OK (I was determined to have a good Christmas so I thought) and. We knew we had been both due become paid prior to xmas and i knew we couldn’t then leave it until to complete the Christmas time shopping.

After checking the lender i really could see we had been currently well into our overdraft and the thing that was kept could be required for food and travel. We knew precisely what to accomplish. Like I experienced done for the past month or two before – I would personally just take a payday loan out. Read more