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Payday loans 'used to fund rent and mortgages'

Housing charity Shelter has claimed that hundreds of thousands of people are borrowing from payday lenders to meet rent or mortgage payments.

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'Two-fifths struggle in silence' over mortgage trouble

Two-fifths of people would not tell friends or family about mortgage problems, a housing charity has found.

A wide-ranging survey from Shelter found:

  • 40% said they would not talk to family or friends about struggles with housing costs.
  • 25% would feel too "ashamed" to approach anyone for help.

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