Helping Keep The Lindfield Community Local
Sat July 20, 2019
- Valerie Graves: Romanian man charged with grandmother's murder - Cristian Sabou, 27, will appear in court on Saturday after being extradited to the UK.
- Schools 'desperately need' cash injection, MPs say - Schools and colleges urgently need billions more in funding, a committee of MPs says.
- Gatwick Airport plans to open standby runway for departures - Airport chiefs hope to have the standby runway open for business by the mid-2020s.
- Zac Cox death: Inquiry into Qatar 2022 World Cup stadium fall - Zac Cox fell 130ft while working on a stadium ahead of the 2022 World Cup.
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.