Helping Keep The Sutton (SM1) Community Local
Sat July 11, 2020
- Bianca Williams stop-and-search: Most police forces 'willing to learn' - Bianca Williams accused the Met of racial-profiling after she and her partner were pulled over.
- Trafalgar Square fountains: Two arrested over red dye protest - It was released into the Trafalgar Square fountains in protest against animal farming, police say.
- West Dulwich knife murder: Man held over Donnell Rhule death - Donnell Rhule, 18, died on Thursday after he was found with fatal stab wounds in West Dulwich.
- Kelly Fauvrelle death: Aaron McKenzie guilty of murder - Aaron McKenzie stabbed Kelly Fauvrelle, who was 33 weeks pregnant, 21 times while she slept.
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 Sutton council and local government have set up many financial advice lines and initiatives to help advise you on how to deal with such problems.