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High Rate Loan Concerns For NHS Staff Members

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You don’t need to follow the news too much to understand that the NHS is currently in crisis. This is the story all across the UK falls under increasing pressure and there doesn’t seem to be much in the way of support and assistance for the body. There is also a great deal of pressure being placed on employees in the NHS.

This is mainly related to the support given to patients but there is growing unrest at the lack of support being provided to the people who care for the sick of the United Kingdom. A survey undertaken by Unison, which the company does on an annual basis, paints a very worrying picture for the health professionals who work hard to keep everyone across the country in fine form. The survey was sent to 21,000 employees and the findings make for very unpleasant reading.

high rate loan concerns

It turns out that 1 in 10 people had admitted to pawning possessions in order to have enough money to pay their bills. A similar response was provided by people who had taken out a payday loan. There was a response of 1 in 7 which said that health workers had re-mortgaged their property or moved to a cheaper property. This was because many people looked at their budget and decided that they couldn’t afford to stay in their current property.

High rate loan concerns will not go away

There was also one in five people saying that they had taken on additional job but a whopping 80% of people had said that they had considered resigning from their vocation. This has to be concerning for everyone because the NHS is already struggling to find enough people to work for it, and if many professionals are looking to resign, this could become a full blown crisis in the sector.

The news about people taking out payday loans is bad news, and the high rate loan concerns will not go away. These loans should be avoided at all costs because they invariably make a bad situation even worse. There will be some people who say that payday loan support has helped them move forward but in reality, the spiralling costs of payday loans will make things worse financially for a great number of people.

There are other solutions though. You can avoid high rate loan concerns by opting for a guarantor loan. This is a more affordable loan with a better rate of interest.

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48 Monthly Repayments, borrowing £2000
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Monthly Repayment: £84.73