[Taf]

If your household, due to poor financial decisions, was suddenly in debt where the level of interest payable was horrendous, your household would have to suffer cuts to get out of the hole, despite rising prices for necessities.

Borrowing more would only make the situation worse, so the answer would be a short period of severe austerity to minimise interest payments, or a longer period of medium austerity handing over more of your cash to the banks in interest payments.