Helping Keep The Lindfield Community Local
Tue March 31, 2020
- Woodmancote murder probe: Two adults and two children found dead are named - Two girls - aged two and four - are among those found dead at a house in a West Sussex country lane.
- Coronavirus: Brighton man jailed for spitting on police - Peter Davy is given a 12-week sentence after admitting three counts of assaulting emergency workers.
- Coronavirus: 'Decisive action' taken on rail contracts - Great Western Railway has a new three year deal and Southeastern has a new two year contract.
- Coronavirus: How to help film the news - Ellie Crisell explains how you can help the BBC report during the coronavirus outbreak.
Avoiding Payday Loans
Posted by Administrator : Tuesday 5th March 2013
AVOIDING THE DOWNWARD SPIRAL. In the beginning everyone thought these payday loan lenders where all doing us a favour and it sounds so simple borrow a little bit of money just before your payday and then pay back on your payday.
However along with the extortionate interest rates on the initial loan combined with large late fees or large extension fees has led some individuals and families falling into further debt.
Finally the government have realised that local people in various communities have been and still are struggling to recover from these payday loans. Currently there is little legislation in place to help govern how the payday lenders operate and it is estimated the government now plan to put this in place to help these people.
If you have suffered or had a bad experience with a payday lender and are seeking advice, our local Lindfield council and local government have set up many financial advice lines and initiatives to help advise you on how to deal with such problems.