Financial affairs

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If you’re found out you it may be of no help to claim that ‘it meant nothing’ or ‘it was just the once, honest’ – because until you’ve paid the price it is unlikely that you will get any peace. Yes, life after the discovery of a secret personal loan can be hell.
But over one million of us have taken out a personal loan without the knowledge of partners or family members according to a survey carried out by Abbey Loans. In fact 1.35 million have been lured into risking everything in secret to rack up a total debt of 7.7 billion pounds.
‘I only did it to help us pay off our old debts’ is unlikely to make it any better, although debt consolidation was the motive for more than half the loans. Other excuses are somewhat lamer:-
‘I only did it to improve our home’
‘I bought us a car with the money’
‘I’ve got us this holiday – it was to be a surprise’
Oddest motive of all has to be taking out a loan in secret to fund cosmetic surgery. Did they think no-one would notice?