Helping Keep The Leicestershire Community Local
Sun October 25, 2020
- Jewellery stolen from dying woman's Loughborough home - A gold engagement ring and an RAF insignia brooch are among the items taken by burglars.
- Lord Janner inquiry: 'Shocking' MP not arrested over abuse claims - A detective said statements by three alleged victims described "horrendous child abuse".
- Leicester man found guilty of raping teenage girl - Deano Churchill-Richards gave the victim alcohol and a psychoactive substance, police say.
- Residents of the Limes, Hinckley, to move out of 'inadequate' care home - The Care Quality Commission orders The Limes, in Hinckley, to shut down after a damning inspection.
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 Leicestershire council and local government have set up many financial advice lines and initiatives to help advise you on how to deal with such problems.