bought] the debt from his previous bank. The debt collector caught his bank account at just the right time to empty the remaining money.
Dave sat alone in his bed-sit with no cash trying to work out how two bald tyres could have cost him £350 and a staggering £275 in interest payments and fees.
The sad and unfortunate moral of the story is using lending products from lenders who charge rates of interest in the 1000's of percent is rarely the solution to any problem. Giving out details of your employer and access to your current account is something that nobody should ever do. It is not good to do this and can lead to identity theft and all sorts of unpleasant things could happen as a result.
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