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 reside in car on commercial property near Wrexham after being evicted at home whenever high interest levels see their debts spiral out of hand

A couple of claim they’ve been forced to reside in their vehicle after payday advances delivered them spiralling into financial obligation.

Philip and Victoria Sherlock borrowed ?830 from loan providers to pay for their rent after he fell sick and had to stop their physically job that is demanding.

But high rates of interest saw their debts spiral out of hand and, despite 32-year-old Mrs Sherlock accepting additional hours in the office, these people were evicted in February. […]

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