Helping Keep The Bury & Bolton Community Local
Sun February 17, 2019
- Raymond Dixon murder investigation: Four more men arrested - Two men are held on suspicion of murder and two men are arrested on suspicion of helping an offender.
- Sir Alex Ferguson to manage Man Utd in Champions League 20th anniversary repeat - Legendary former boss Sir Alex Ferguson will take charge of a Manchester United XI in a 20th anniversary repeat of their Champions League final win ov...
- Maggie Smythe death: Man rearrested in Bolton murder probe - A 29-year-old is detained on suspicion of murder after the body of Margaret Smythe was found in Bolton.
- Newport 1-4 Man City: Phil Foden double helps City into FA Cup quarter-finals - Phil Foden scores twice as Manchester City avoid an FA Cup upset by beating a stubborn Newport County to reach the quarter-finals.
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.