Here at debt advice now we have investigated an article that is probably one of the most dangerous ways to keep the roof over your head but its
happening more and these days and the following report which we felt that we should share with you makes interesting reading:

One million Britons using payday loans to pay mortgages or rent

Nearly a million people have taken out a payday loan to help pay their mortgage or rent over the past year, according to a new survey conducted by homeless charity Shelter.

In December 2011, a YouGov survey for Shelter asked 4,014 people throughout Great Britain whether or not they had used payday loans, unauthorised overdraft, other loan or credit cards to help pay their rent or mortgage over the past 12 months. One in seven respondents (15 per cent) who took part said yes, representing a national figure of almost seven million people, with almost one million people using payday loans.

Campbell Robb, Shelter’s Chief Executive, said: “These shocking findings show the extent to which millions of households across the country are desperately struggling to keep their home.

“Turning to short-term payday loans to help pay for the cost of housing is totally unsustainable. It can quickly lead to debts snowballing out of control and can lead to eviction or repossession and ultimately homelessness.

“Every two minutes someone in Britain faces the nightmare of losing their home. We urge every single one of these people now relying on credit to help pay their rent or mortgage to urgently seek advice.”

We really feel that if you are having diffculites in paying your bills then please don’t sink further into debt as we have more than one way of helping you.

If in doubt just fill in the contact us box and we will be pleased to talk to you *free of charge* and without obligation.

You know it makes sense