Helping Keep The Skegness Community Local
Mon May 25, 2020
- World War One bomb found under A1101 road bridge - Police say the device was moved to a field and two controlled explosions were carried out.
- Officers 'wary' as spit attacks rise in coronavirus pandemic - The Crown Prosecution Service says it is 'moving quickly' to bring these cases to justice.
- Woman with learning disability can have teeth removed, court rules - Court of Protection judge approves plan for woman with severe learning disability to have teeth out.
- England beaches gridlock caused by cars 'from all over country' - A Devon car park is described as "like August", while a Merseyside council asks people to stay away.
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.