Stoke Hammond Community
Helping Keep The Stoke Hammond Community Local
Wed February 20, 2019
Latest News
- Dad Brett Kinloch meets baby born three hours before he dies - Wife Nicola Kinloch made it to her husband's bedside with their baby shortly after giving birth.
- Leah Croucher: Lake searched in missing teen case - Leah Croucher was last seen in the area near Furzton Lake in Milton Keynes.
- Aldi supermarket could 'destroy' Milton Keynes mural - The mural, created with the help of schoolchildren, has been standing for more than 40 years.
- Libby Squire: Oak Road CCTV appeal in search for Hull student - Searches have taken place on land and in a lake near her home, with the CCTV showing people near where she was last seen.
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.