The government has admitted the cost of living crisis hitting people this winter could see loan sharks prey on the most vulnerable.
The government has admitted theIllegal lenders may seek to cash in on an abundance of households struggling to make ends meet amid soaring inflation and stagnant wages.
It’s feared extra costs associated with Christmas could push families already short in cash into deeper debt. His comments came during an adjournment debate on the issue introduced by Conservative former minister Paul Maynard, who urged the government to do more to tackle the problem. The Blackpool MP spoke about one of his constituents who thought was borrowing money from a friend but when she struggled to repay, ‘her lender made it her business to know when money went into her account so they could make her repay’.
Belgique Dernières Nouvelles, Belgique Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Striker leaves Watford on short-term loan dealYoung Watford forward Tobi Adeyemo has joined non-league Hitchin Town on a work experience loan until December 25.
Lire la suite »
Shark stalks swimmers from just metres away in Dubai seaNope, nope, nope, and nope again. This is the terrifying moment a shark was spotted worryingly close to swimmer in the Persian Gulf.
Lire la suite »
Loan sharks are circling and ready to make a killing from struggling familiesThe government has admitted the cost of living crisis hitting people this winter could see loan sharks prey on the most vulnerable.
Lire la suite »