South London Community
Helping Keep The South London Community Local
Sat February 16, 2019
- Shamima Begum: Family of pregnant IS teen plead for return - Shamima Begum's family urge her return to the UK, as she tells of fears her baby will be taken away.
- Karl Marx: Monument vandalised for second time in two weeks - It is the second time in two weeks the philosopher's grave has been attacked in Highgate Cemetery.
- Coach fire closed part of M25 near Heathrow Airport - Highways England has cleared the wreckage of a burned out coach and all lanes have reopened.
- Unexploded WW2 bomb in Paris disrupts Eurostar services - An unexploded World War Two bomb in Paris is causing major disruption to Eurostar services.
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 South London council and local government have set up many financial advice lines and initiatives to help advise you on how to deal with such problems.