Sat January 18, 2020
- Ecotricity green flag legal row settled - The renewable energy firm argued people could confuse its green flag design with one used by the government.
- Staff 'lacked curiosity' before baby was killed - Paul Rich threw premature baby Patrick Bradley into a Moses basket, causing fatal injuries.
- Forest of Dean school bus contract cut over 'filthy' vehicles - Pupils reported mouldy seats, rotten food not being cleared up and smoke coming from behind seats.
- Met Police probed for not investigating VIP abuse claims - The force ignored a recommendation to investigate the two men made by retired High Court judge.
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.