Fri April 19, 2019
- Woman in devil mask filmed throwing acid over house - People in a Forest of Dean village say there has been a spate of acid attacks on cars in recent months.
- Gloucestershire fire brigade rapped over credit card use - Gloucestershire County Council, which runs the service, says it recognises certain policies were not followed.
- Gloucester Lock repairs to begin - The lock has been out of action since mid-January due to a leak.
- Fairford school worker 'sacked for view on LGBT teaching' - Christian Kristie Higgs was dismissed by a school in Gloucestershire for illegal discrimination.
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 Stroud council and local government have set up many financial advice lines and initiatives to help advise you on how to deal with such problems.