Helping Keep The Westminster Community Local
Thu July 2, 2020
- Shirley Oaks: Abuse survivors had 'childhood stolen"' - Shirley Oakes care home victims accuse a council of doing nothing about abuse.
- Man charged with murdering sisters in Wembley park - Danyal Hussein appears in court over the deaths of Nicole Smallman and Bibaa Henry.
- Hundreds arrested as crime chat network cracked - Police forces across Europe collaborated on the UK's "most significant" law enforcement operation.
- Haile Selassie: Statue of former Ethiopian leader destroyed in London park - Police are investigating the incident, which is being linked to unrest in Ethiopia.
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 Westminster council and local government have set up many financial advice lines and initiatives to help advise you on how to deal with such problems.