Stoke Hammond Community
Helping Keep The Stoke Hammond Community Local
Tue December 11, 2018
Latest News
- Aylesbury goalkeeper, 14, dies after match injury - Luca Campanaro, 14, was described as an "amazing young man" and a "credit to his family".
- Man and teenage girl charged over death in Kettering - The victim died in hospital a day after being found in a street with serious head injuries.
- Ally Law and Ryan Taylor: YouTubers broke into Big Brother house - One of the YouTubers dropped his trousers then jumped into a hot tub used by housemates.
- Brexit: Andrea Leadsom questions Speaker John Bercow's impartiality - But the Speaker's spokeswoman says he has never allowed his personal views to influence his job.
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.