Helping Keep The Epworth Community Local
Thu February 27, 2020
- Murder arrests after body found in house in Lincoln - Three men are held on suspicion of murder after police made the discovery in Lincoln.
- Two county schools shut over coronavirus fears - It comes as several schools close and some office workers are sent home due to virus fears.
- Sickest NHS patients 'face hours on trolleys' - BBC analysis shows a surge in hospital delays as experts warn 'little in tank' to cope with coronavirus.
- Chapel St Leonards crash: Victims named as Daniel and India Plaice - Daniel and India Plaice died when their car plunged into a dyke in Lincolnshire.
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 Epworth council and local government have set up many financial advice lines and initiatives to help advise you on how to deal with such problems.