NHS nurses facing debt squeeze
10th July 2017
We recently sat down with Lorinda Clark to discuss how years of pay freezes whilst working as a NHS nurse have contributed to a mounting debt problem.
Lorinda Clark knows the devastation debt can cause after her finances spiraled out of control in recent years. She was forced to seek help to make ends meet after her marriage of 37 years broke down. After having a partner to help with bills and supplement her income, Lorinda, 54, of Maidenhead, had to start renting and paying everything for herself.
“I went from living comfortably in the family home to struggling to keep up with my bills in a tiny converted garage. In just three months my life started falling apart as wages in my industry simply aren’t keeping up with the cost of living.
Rents are ridiculous. I had to find £700 a month, plus all my other bills and try to repay some debts that i had built up.
I dreaded the phone calls and letters and spent endless nights unable to sleep. Money took over my life, affecting my ability to work and I ended up having a nervous breakdown.
I was lucky I work in an industry that understands mental health issues. I got lots of support from my work.
But i was only managing to pay the minimum repayments and simply wasn’t getting anywhere trying to tackle my debt. I knew i had to do something then I came across Creditfix and I can’t explain the relief.
They approached all my creditors and sorted out a repayment schedule I could afford. I now have to pay only one amount each month. Its going to take me five years to clear things and at last I can see a light at the end of the tunnel.
It takes just one thing to push people over the edge, credit is far too easily available. I have cut back on everything . It’s amazing how resourceful you become and how smart you can get to get by.
Every penny I pay back in debt now goes towards clearing it.
Its’s such a relief, and no more worrying about nasty phone call or people turning up on my doorstep chasing money.”
Creditfix Chief Pearse Flynn had this to say. “It’s worrying to see so many people who dedicate their lives to public service are struggling to make ends meet, with the cost of living increasing thousands of people for the NHS have seen their real wage earning decrease.”