Helping Keep The Epworth Community Local
Tue August 20, 2019
- Boys sentenced for trashing Stamford model railway show - The four teenagers deliberately destroyed the £30,000 exhibition in a "rampage" after drinking vodka.
- Hopes fade for stolen blind hedgehog Stephen's return - Stephen the hedgehog was inside a van, which was stolen in Leeds on Saturday morning.
- Turkish army pension fund to buy British Steel - Turkey's military pension fund reaches a tentative deal to take over the insolvent steelmaker.
- Woodhall Spa mustard gas accused trio appear in court - About 150 canisters of the gas were unearthed at Roughton Moor in Lincolnshire in 2017.
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.