Stoke Hammond Community
Helping Keep The Stoke Hammond Community Local
Wed April 24, 2019
Latest News
- Bedford Hospital nursery rhyme tiles removal rejected - Campaigners are "ecstatic" that the removal of 21 panels showing nursery rhymes is turned down.
- Man dies after Bedfordshire Police detain him in Caddington - A man in his 20s became unwell at the scene and died later in hospital.
- Olympic champion Etienne Stott arrested - Olympic gold medal-winning canoeist Etienne Stott says he "does not regret" his arrest at the climate change protests in London.
- Marlow Bridge closed as magnet fisherman finds grenade - A bridge in Marlow is closed after an unexploded grenade is found in the River Thames.
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 Stoke Hammond council and local government have set up many financial advice lines and initiatives to help advise you on how to deal with such problems.