Credit crunch leaves mum stranded

SCRAPING by got even harder for a care worker and mum of two after she found the credit she normally relied on to pay for big home essentials wasn’t there anymore.

- MAISHA FROST

A better solution has now been found for Kerry Payne, but she was scared for weeks about the prospect of having no cash reserve and possible negative markers on her credit score before she came to Crusader.

“I’ve never missed repayments and my circumstances haven’t changed so I don’t know what’s going on,” she explained. “It couldn’t come at a worse time as my washing machine is on its last legs but I can’t afford a new one.”

For the past couple of years Kerry had been using Buy Now Pay Later (BNPL) schemes as she falls outside the lending criteria of mainstream credit operators.