Helping Keep The Gillingham Community Local
Sat July 4, 2020
- Coronavirus: Pubs, restaurants and hairdressers reopen in England - Some salons opened at midnight and pub service can resume, but people are urged to remain cautious.
- Covid-19: Businesses in South East to reopen after lockdown - The hospitality and leisure sector has been shut since mid-March, but social distancing measures are still in force.
- Coronavirus: Councils offered £500m to help with costs - The money comes on top of £3.2bn already given, but authorities say more is needed to keep services going.
- David Starkey resigns from university role over slavery comments - Cambridge University accepts David Starkey's resignation, saying: "We do not tolerate racism."
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.