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” How Monzo aided me beat my gambling addiction and pay back ?26,000 in debt”

Monday, September 7th, 2020

Like as much as 430,000 other folks within the UK, Danny that is manchester-based Cheetham a gambling addiction. After years caught in a period of gambling and financial obligation, Danny owed payday lenders very nearly ?26,000 and more interest than their wage that is monthly could.

However with the aid of Monzo’s gambling block feature, at the time of October a year ago Danny is finally debt-free. We talk to the IT that is 30-year-old technician the way the addiction impacted their life, together with actions he took to conquer it.

Just exactly exactly How did your gambling problem begin?

The minute we switched 18, we took a taste to your bookies and terminals that are betting. I simply made it happen for enjoyable then, with any money that is spare had. It was enough for a night out if I won. It absolutely was a pastime.

But We kept going. By my very early twenties, whenever payday came I’d have gambled away my wage that is whole by. I’d be up at four o’clock when you look at the gambling it away morning. Then to my method to work I’d be applying for payday advances in an attempt to cope with the month. We thought the best way to clear the payday financial obligation had been by simply making another bet. I really couldn’t notice means to getting out besides gambling over repeatedly.

By my very early twenties, whenever payday came I’d have gambled away my whole wage by 9am.

The worst moments had been walking to the working workplace on payday. Everyone had been delighted, purchasing break fast off to commemorate. I’d be wondering the way I would definitely cope with the thirty days with absolutely nothing within the bank.

And i’d find myself buying my lunch at work or going shopping because I didn’t want people to know. [more…]