Sat December 5, 2020
- Gloucester 'brain tonic' seller guilty of false claims - Genevieve Flight claimed she could treat diseases including cancer, Alzheimer's and Huntington's.
- 'Messy' pub rules cause confusion on England/Wales border - Pubs on opposite sides of the River Wye said having different rules on opening was confusing.
- Forest of Dean farmer banned from keeping livestock or life - Ducks, cows and hens were living in filthy conditions at Anthony Curtis' farm in Gloucestershire.
- Government to 'redefine treasure finds' in England and Wales - Changes to the 1996 Treasure Act are aimed at protecting new finds in England and Wales.
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.