South London Community
Helping Keep The South London Community Local
Mon April 12, 2021
- Prince Philip: Politicians around UK to pay tribute to Duke of Edinburgh - The Duke of Edinburgh's death will be marked in Westminster, Holyrood, Cardiff and Stormont.
- England Covid lockdown eases: PM warns people to 'behave responsibly' - Pub gardens, gyms and hairdressers are reopening as part of England's latest step out of lockdown.
- Covid: Police 'regret' over halting church Good Friday service - Video of officers addressing the Good Friday congregation, from the altar, circulated online.
- Bafta Film Awards 2021: Nomadland and Promising Young Woman win big - The drama wins four prizes including best film, while Promising Young Woman wins best British film.
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.