Helping Keep The Lindfield Community Local
Mon September 23, 2019
- Littlehampton crash: Man held after two police officers hit by car - The officers were carrying out a routine drugs check on the roadside when they were struck.
- Murder arrests after man dies from injuries in Bognor - Daniel Weyman was airlifted to hospital after being found with "critical injuries," police say.
- Thomas Cook collapses as last-ditch rescue talks fail - The tour firm's failure means more than 150,000 British tourists will need to be repatriated.
- 'Woman of colour' Meghan calls for end to sexual violence - On a tour of Africa. the Duchess of Sussex says work to protect women "is needed now more than ever".
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.