Doorstep loan dangers

An increased uptake of high-interest loans has raised concerns about people getting into debt.

View all 6 updates ›
  1. Rachel Sweeney

The dangers of high interest borrowing

The number of people relying on quick, high interest loans is rising. The Centre for Responsible Credit says companies should share information about customers who are already in debt. The change would protect low income borrowers from irresponsible lenders.

Kath Simms and Kath Carter, both from Stockton, have stuggled with loans for years. They told ITV how easy it is to fall into financial ruin.

More top news