Sleepless nights and ‘rip-off’ rates: what it’s like being in debt and paying more than double back

23 March 2018

Alisha March still has sleepless nights about the £450 loan she took out five years ago to pay for a headstone for her parents who’d passed away within months of each other.

The 32-year-old stay-at-home mum from Chesterfield borrowed the money from a doorstep lender and is still paying it back, the added interest taking the total cost of the loan to more than £900 – double the original amount.