If you are struggling with debt and considering borrowing money from any other source of lending, firstly consider your own affordability and whether you will be able to repay the money you are borrowing. This doesn't just apply to loans, but other forms of borrowing such as credit cards and buy now pay later agreements.
If you feel that you have unaffordable debts and cannot manage to repay the debt, don't borrow. Borrowing money to repay debt, via an illegal loan shark, or a high-cost lending source such as a payday loan is never a good idea, but especially when you are unable to continue the repayment of these finances.
Never pay a non-priority bill (e.g. credit card debt, payday loan) in favour of a priority bill (e.g. mortgage, rent, council tax)
Seek help immediately. You can get free and impartial help with money, set up by the government: MoneyHelper, an independent service set up to help people manage their money.
Or, you can call Trust Deed Scotland today on 0141 221 0999 for confidential, non-judgemental debt advice.