Helping Keep The Burnham & Buckinghamshire Community Local
Mon March 25, 2019
- John Pordage murder: Two men and boy deny hiding guns in park - Reece Williams, Robert Ketley and a teenager will go on trial on 21 August.
- Bus driver 'misjudges' Wallasea Island flood water - It overtook a queue of traffic and went into the water during high tide at Wallasea Island, Essex.
- Jack Shepherd extradition: Speedboat killer hearing set - A judge in Georgia previously ruled out attempts to extradite Jack Shepherd to the UK quickly.
- Fans of The Prodigy's Keith Flint to line procession route - A church service will be held for family and close friends but there will be speakers outside.
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 Burnham council and local government have set up many financial advice lines and initiatives to help advise you on how to deal with such problems.