Helping Keep The Skegness Community Local
Mon February 17, 2020
- Storm Dennis: Army called in to help shore up defences - Troops are helping bolster flood defences as flights are grounded and sporting fixtures called off.
- Harry Miller: Police probe into 'transphobic' tweets unlawful - The UK is not an "Orwellian society", warns a judge as he rules officers interfered with freedom of speech.
- Wainfleet flood: Cattle 'may have weakened defences' - Hundreds of homes were evacuated after two months' worth of rain fell in Wainfleet in two days.
- Red Arrows create heart in sky for Valentine's Day - The display team created the romantic symbol in the skies above their home base.
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.