Some borrowers may have been over-optimistic about the ability of loan to solve their financial problems... For some consumers this extra borrowing may not cause difficulties but for those in financial distress further borrowing could exacerbate their problems... Firstly, extending the period of the loan for a given loan amount and a given APR will reduce the monthly payment but increase the total amount payable... http://www.loans-company-4-all.co.uk/loans
Tell the tax office if you can't pay and ask them for advice... Some of these comments suggest a failure on the part of consumers either to shop around, or to read and understand the details of the transaction... http://www.loans-companies-4-you.co.uk/loans