Helping Keep The Leicestershire Community Local
Fri December 15, 2017
- Killer lorry driver Felix Gillon was watching porn - Felix Gillon is jailed for causing the death of another driver while watching porn on the M69.
- BBC commentator Ian Stringer's struggle to help alcoholic mother - The mother of Leicester City commentator Ian Stringer was found at her home weeks after her death.
- Birstall house explosion: Gas leak blamed by investigators - The huge blast completely destroyed a house, leaving a woman dead and two men injured.
- Christmas 2017 travel: When should I avoid the roads? - Most roadworks will be lifted by next Friday but the busiest period is expected to start on Wednesday.
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.