Helping Keep The Burnham & Buckinghamshire Community Local
Sat July 4, 2020
- Epping: Two more arrests over fatal car park stabbing - A man and woman are held on suspicion of murdering Stephen Morrisson, who was stabbed to death.
- Coronavirus: 'Quarantine lifting gives us quality family time' - Airport passengers reflect on not having to isolate for two weeks on their return to the UK.
- Tilbury Port explosion badly damages grain terminal silos - Witnesses hear a sound like "a bomb going off" as flames shoot up into the air at Tilbury Port.
- Wickford care home death: Man arrested - Officers were called to reports that a man had been assaulted at a care home in Essex, police say.
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.