People turn to family and friends for money more often than Buy Now Pay Later loans, a new survey has suggested, and for most of them it was for less than £250.
The survey of more than 4,000 adults commissioned by non-profit Fair4All Finance, shared exclusively with the BBC, found that while 25% of respondents had taken out a Buy Now Pay Later loan, 26% had borrowed from family and 15% from friends this year.
Many relied on friends and relatives because they had been turned down by traditional services like banks - but some of those loans still come with interest.
For 42-year-old Carla McLoughlin, borrowing small sums from her mum is crucial.
The mother-of-three explains that the money is needed "just to tide us over for a week or two until we get paid".







