Helping Keep The Leyhill Community Local
Fri August 23, 2019
- Acocks Green: Mother held after son, 10, 'found dead in caravan' - "Nothing could be done" to revive the boy, whose 44-year-old mum has been bailed, police say.
- Tributes to 'kind grandfather' after cycle death in Edgbaston - A man was arrested on suspicion of causing death by dangerous driving after the collision.
- Woman fends off men trying to steal car with child inside - The armed men attempt to steal a car with a three-year-old inside in Moseley, Birmingham.
- HS2: Scrapping high-speed rail project 'would be a disaster' - But a farmer who has lost land to the project says he feels the scheme will not go ahead in full.
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 Leyhill council and local government have set up many financial advice lines and initiatives to help advise you on how to deal with such problems.