Helping Keep The Leyhill Community Local
Thu April 9, 2020
- Coronavirus: Birmingham trust records more than 300 deaths - A second Nightingale Hospital will be opened in the region on Friday.
- Coronavirus: Black Sabbath star Tony Iommi auctions guitar - Tony Iommi will donate money raised by the auction to University Hospitals Birmingham.
- Evicted Hereford coronavirus doctor 'told to buy tent' by landlady - The consultant had volunteered to help at a hospital but was evicted from lodgings and told to pitch a tent.
- Tribute to Walsall grandfather who died with Covid-19 - Community-spirited Abdul Razaq, 66, died on Tuesday as a result of coronavirus.
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.