Helping Keep The Gillingham Community Local
Wed June 19, 2019
- Eastbourne sees 1,000 lightning strikes in one hour - The skies above Eastbourne were lit up for about an hour.
- 'Iraqi and Iranian migrants' found in English Channel - A group of men, women and children were intercepted by Border Force near the Kent coast.
- 'Money mules': Rising numbers are in middle age - Increasing numbers of people aged between 41 and 60 are being recruited by criminals to launder money.
- Parish council tax bills rise 'to save services from cuts' - BBC analysis found 45 parishes more than doubled their levy on the Band D council tax for 2019-20.
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.