Helping Keep The Gillingham Community Local
Mon December 10, 2018
- Sophie Cavanagh murder: 'Jealous' man jailed for strangling wife - An estranged wife refused to sleep with her husband "one last time" for £100 before he attacked her.
- Iran's migrants trying to get from Serbia to the UK - The BBC investigates how a visa-free travel scheme helped Iranian migrants get into Europe.
- Maidstone schoolgirls take to weightlifting - Weightlifting proves popular with girls at a school in Maidstone, Kent.
- No-deal Brexit: Disruption at Dover 'could last six months' - Fresh government warnings about Channel ports are dismissed as "Project Fear" by Tory rebels.
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 Gillingham council and local government have set up many financial advice lines and initiatives to help advise you on how to deal with such problems.