Helping Keep The Epworth Community Local
Mon October 14, 2019
- Disease threat row over imported Romanian dogs - A woman who has rescued hundreds of stray dogs from Romania says they pose no health threat.
- Why are there sex shops on the A1? - Why are they there and, in the age of the internet, who is going in?
- The hungry 26-year-old who set up a £100m food firm - When Timo Boldt realised he wanted to get meal kits delivered, he decided to set up his own firm.
- Ploughmen and women compete for national title in Nocton - About 250 contestants are taking part in the 69th British National Ploughing Championships.
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.