With her husband Brandon at her side, Mrs Dunlop gave birth to the debt - also known as Charlie Michael - at approximately 7:17pm, weighing 7lbs 2oz. For new father, Brandon, watching doctors deliver a newborn mountain of financial hardship was an "overwhelming experience."
"Nothing prepares you for a moment like this," he said. "I... I just can't believe how many loans we're going to have to take out."
While government benefits are expected to alleviate some of the financial burden on the new family, the young couple have already taken out 3 emergency loans and are expected to create a savings account in Charlie's name to cover education and welfare costs.
"Until you've been through it yourself, you can't imagine what it's like to hold something so delicate in your arms," said exhausted first time mother, Stacey. "It's amazing to think that two humans can create such an overwhelming debt problem."
Despite such a huge setback to their finances, however, the Dunlops have bizarrely agreed to try for at least two more huge debts over the next three or four years.
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