A rugby league player hanged himself after secretly getting himself thousands of pounds into debt with payday loan companies.
Kenny Davies, 23, was out of work yet was paying sums of around £400 a time after taking out arrangements with online loan firms which sometimes charge interest rates of up 4,000 per cent.
On the day of his death, Kenny had asked a neighbour to act as a guarantor for a £3,500 loan over 36 months. But the neighbour refused and Kenny was found dead in woods near his home just 30 minutes later.
http://www.dailymail.co.uk/news/article-2309797/Kenny-Davies-Rugby-league-player-23-hanged-getting-debt-payday-loan-companies.html
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