3m Face Debt Risk From 2,000% Loans
Sunday People|December 13, 2020
‘Pandemic pushes more into Christmas cash crisis
Geraldine McKelvie and Nick Renaud-Komiya
3m Face Debt Risk From 2,000% Loans

A Charity warns up to three million people could be left drowning in debt as a result of the pandemic.

StepChange also fears hard-up Brits could turn to loans with eye-watering interest rates of almost 2,000 percent to fund the festive season as they grapple with money woes.

This story is from the December 13, 2020 edition of Sunday People.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.

This story is from the December 13, 2020 edition of Sunday People.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.