Helping Keep The Gillingham Community Local
Tue August 20, 2019
- Lucas Dobson: River Stour search for missing boy enters fourth day - Search teams looking for Lucas Dobson ask volunteers to stay away as their focus turns to the river.
- One in five inmates taking drugs at HMP Elmley in Kent - An inspection finds 22% of inmates at HMP Elmley in Kent test positive for illegal drug use.
- Wildcats litter: The new arrivals giving hope for the species' survival - A litter of four wildcat kittens has been born at an animal park near Canterbury
- Lyminge church dig reveals details of early Christianity - A team from the University of Reading is excavating a site within a medieval Kent churchyard.
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.