Helping Keep The Westminster Community Local
Mon August 26, 2019
- Southall stabbing: Man killed in west London - A man is arrested on suspicion of murder and is in hospital being treated for minor injuries.
- Notting Hill Carnival: Revellers swelter in record heat - More than a million people are expected to attend the Notting Hill Carnival.
- Guy Fawkes and Oliver Cromwell 'heads' stolen from London tourist attraction - A model of Sir Thomas More was also taken from London Bridge Experience.
- Airport security: 3D baggage scanners could end liquid restrictions - Airports must introduce 3D baggage screening before the end of 2022, the government announces.
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.