Unemployed mother-of-two borrows £1,700 from EIGHT payday loan companies to buy 'hundreds' of Christmas presents for her children... but says she can't pay them back


A single mother-of-two who lives on benefits used payouts from eight payday loan companies so her children could have a special Christmas.

Unemployed Katie McGill borrowed £1,690 from the controversial firms and will have start paying back £3,000 from January 2.

The 28-year-old from Devizes, Wiltshire, took out the loans of between £80 and £380 to buy 'hundreds' of presents for her children, but now fears she will not be able to provide for them when she tries to cover the repayments.

She bought a bike, a TV and a DVD player for both Mya-Renee, three, and Calvin, eight, and took them for a meal.


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The jobless mother said: 'There were hundreds of presents under the tree. Their gran passed away this year so it was nice to be able to treat them.

'They got loads of computer games for their Xbox, they got a new TV and DVD player each, new bikes and loads more.'


She will try and make the repayments with the £70 a week she has leftover after she has covered other bills.

But she is worried she will be unable to buy basic necessities for her children and has blamed Wonga for getting her into 'one big, messy, circle'.

'When I start paying back the loans I won't be able to pay the bills or buy food and drink and basic necessities.

'Then I'll start taking out more loans and it will just be one big, messy, circle.'ligible to take out another.

A spokesman for Wonga said it is not possible to take out multiple Wonga loans at once - you have to pay off a Wonga loan in full before being eligible to take out another.


WeGistWorld.com

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