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Beware of Borrowing from "Friends"
There鈥檚 been a shift in how people are borrowing. And it's not just those with bad credit ratings that are turning to loan sharks.
Have you ever borrowed money off a pal when times are tight? But then what happens if they want more money back? Things get tense? They鈥檙e demanding you pay-up? And has anyone broken the law? As more people are looking for somewhere to turn for quick loans - the 大象传媒's Cost of Living Correspondents, Colletta Smith and Kevin Peachey, share their tips on how to avoid loan sharks and what to do if you suspect you鈥檙e in too deep. We hear from one dad from the West Midlands who鈥檚 spoken anonymously to the 大象传媒 about his experience.
(Image: Getty Images)
