Varying degrees of student debt: NI’s third-level students turning to payday loans, overdrafts, and credit cards

Young people heading to university this autumn are being urged to understand the risks associated with easily accessible forms of credit. Advice NI warns that the repayments across credit options such as payday loans, overdrafts, credit cards, and buy-now-pay-later schemes, can quickly become unaffordable, leaving students vulnerable to problematic debt.