Helping Keep The Lindfield Community Local
Thu June 4, 2020
- Brighton George Floyd protesters march to police station - Hundreds of people have gathered in Brighton in support of protests in the US.
- East Sussex FBU votes no confidence in 'dangerous' plans - East Sussex Fire Brigades Union claims planned staffing changes would bring slower response times.
- Hove walker hurt intervening in alleged domestic abuse - Rico Wojtulewicz said he tried to pacify a man who allegedly had his hands round a woman's throat.
- Enjoying lockdown: 'Not having anything in my diary was a blessing in disguise' - For people whose diaries are usually full, the quarantine period has made them reassess their priorities.
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.