Helping Keep The Bury & Bolton Community Local
Sun April 18, 2021
- Prince Philip: Royal Family honours duke's 'humour and humanity' - The funeral congregation was socially distanced, with the Queen seated alone, because of Covid rules.
- Stretford stabbing: Murder arrest after man, 50, dies - The 50-year-old victim was stabbed in the chest after a row, police say.
- Manchester United v Burnley - Preview followed by live coverage of Sunday's Premier League game between Manchester United and Burnley.
- Tickets still being sold for June shows that can't take place as planned - Shows by Alicia Keys, Haim and Mrs Brown's Boys won't go ahead as planned this June.
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 Bury council and local government have set up many financial advice lines and initiatives to help advise you on how to deal with such problems.