Helping Keep The Berkshire Community Local
Mon August 8, 2022
- Girl dies after going missing at Windsor water park - Members of the public helped search a lake before the girl was found by emergency services.
- Full extent of NHS dentistry shortage revealed by far-reaching BBC research - Nine in 10 UK dentists are not accepting new adult patients, while eight in 10 are refusing children.
- Reading bus with climate change design hits the road - The bus is travelling across Reading for the next year to raise awareness about climate change.
- Chicken the cat scoops national award for helping autistic boy - Chicken, a companion to 11-year-old Elliott Abery, is recognised for her "special bond".
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 Berkshire council and local government have set up many financial advice lines and initiatives to help advise you on how to deal with such problems.