Helping Keep The Skegness Community Local
Tue February 19, 2019
- Two deny murder of man in Boston street - Przemyslaw Cierniak was found with fatal stab wounds on Wormgate in Boston.
- Man jailed for assault on homeless men in tent in Hull - Jamie Nickell, pleaded guilty to assault after jumping on a tent containing two men on a Hull street.
- Concerns over Lincolnshire Police child protection - Government inspectors say Lincolnshire Police "has more work to do" to protect vulnerable children.
- Hare coursing falls 'due to new policy' in Lincolnshire - Lincolnshire Police has seized more than 120 dogs since introducing the new tactic in 2017.
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 Skegness council and local government have set up many financial advice lines and initiatives to help advise you on how to deal with such problems.