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Transcripts for BBCNEWS Newsnight 20240604 21:52:00

Situation where people feel they have to pay. i can give you one example. there was one lad, 17, took out his first loan of £250 to buy a car. it was when he was 35 that he finally went to the illegal money lending team by which point he had paid back £90,000 to the illegal moneylender because the illegal moneylender because the illegal money lending keep saying, you have missed a payment, it has doubled. ihla missed a payment, it has doubled. no paper were, missed a payment, it has doubled. no paperwere, of course. missed a payment, it has doubled. no paper were, of course. exactly. and i paper were, of course. exactly. and it was only when paper were, of course. exactly. and it was only when he threatened - it was only when he threatened to harm his children that he thought he needed to get some help and he came to the money lending team. thea;r needed to get some help and he came to the money lending team. they were then able to to the money lending team. they were then able to help, to the money lending team. they were then able to help, point to the money lending team. they were then able to help, point him to the money lending team. they were then able to help, point him in - to the money lending team. they were then able to help, point him in the - then able to help, point him in the right direction, he didn t have to pay any more money. he may have lost his house. , pay any more money. he may have lost his house.- this pay any more money. he may have lost his house.- this idea pay any more money. he may have lost his house.- this idea that - his house. exactly. this idea that these guys his house. exactly. this idea that these guys are his house. exactly. this idea that these guys are coming his house. exactly. this idea that these guys are coming into - his house. exactly. this idea that these guys are coming into their| his house. exactly. this idea that - these guys are coming into their own in the cost of living crisis. what other options to people civilly not realise are there, or do a lot of

People , Situation , Example , Loan , Car , Lad , 17 , 35 , 250 , One , 50 , Saying

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