“Deep down, you feel like a failure,” Samuel Beames admits.
After losing his job during the pandemic, he had crippling debts from loans and store cards.
Samuel, 32, from Cwmbran, Torfaen, has received help from a charity to try to sort out his financial situation.
But a debt advisor has warned that many more people in Samuel’s position are borrowing money to try to cope with the rising cost of living.
“I was a manager in a shoe shop in Cwmbran, and after that, it spiralled. With no job, we were unable to pay the bills properly,” Samuel said.
“I had a previous relationship that broke down, and I found myself becoming a single parent with my two children at the time, and I just couldn’t pay back any of the loans.”
He borrowed to p…
Read the full article at: https://www.bbc.com/news/uk-wales-64309914