Earlier this year, it was revealed that UK sick days had risen back to “normal” levels following the all-time lows recorded following the financial crisis.
According to the statistics, revealed by the Office for National Statistics in February, 613,000 people were absent from work with sickness in the three months to December last year. The ONS claimed this represented two million days lost.
Many of us take pride in being good financial planners. We like to budget our weekly or monthly spend so that we meet all of our regular bills and costs, including mortgage repayments, rent, gas and electricity, water, food bills and fuel. We may even have a little set aside for clothes or socialising.
So when an unexpected cost lands on our laps weeks before our next payday and derails those plans, it can be difficult admitting that we have a financial problem to the people we love. We may feel uncomfortable asking friends or family for help and prefer to sort the problem by ourselves.
Payday loan lenders are constantly being criticised by watchdogs and members of the public alike for the methods used to advertise their services; high interest rates and causing further financial difficulties by unlimited lending, and quite rightly so.
  |