Thu January 20, 2022
- Alfie May: Striker to stay at Cheltenham until 2024 - Cheltenham Town forward Alfie May signs a new contract to stay at the club until the end of the 2024 season.
- Covid 'sham' woman fined for filming in Gloucester hospital - Debbie Hicks live-streamed from the Gloucester hospital questioning the existence of "mutant virus".
- Five arrested after Cheltenham clothing store ram-raid - Two high street shops were burgled on Monday night in Cheltenham.
- Missed opportunities to prosecute double murderer, report finds - Laura Mortimer and her 11-year-old daughter Ella were killed by Christopher Boon in 2018.
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.