Helping Keep The Burnham & Buckinghamshire Community Local
Thu July 18, 2019
- Lee Balkwell concrete mixer death: Expert says scene 'staged' - A pathologist report says the 2002 death "does not look like an accident".
- Stansted 'disruptive passenger': Woman faces £85,000 bill - The 25-year-old is also given a lifetime ban by airline Jet2 for "extremely disruptive behaviour".
- Cornwall barrel jellyfish: Essex diver has 'unbelievable experience' - A chance encounter with Britain's largest jellyfish was "absolutely stunning", says diver.
- Queen's jam-makers blamed for Tiptree water problems - People living on a new estate near the Tiptree factory say low water pressure leaves them in a jam.
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.