Helping Keep The Chelsea Community Local
Sun March 29, 2020
- Coronavirus: First working NHS surgeon dies in UK from Covid-19 - Sudanese surgeon Adil El Tayar worked in Saudi Arabia, Africa and in two of London's main hospitals.
- Coronavirus: Deserted London landmarks seen from above - Some of the city's most popular landmarks are devoid of the usual crowds as people stay indoors to help combat coronavirus.
- Coronavirus: London warned to expect 'large number' of deaths - Mayor Sadiq Khan says temporary mortuaries are to be set up to cope with coronavirus fatalities.
- Coronavirus: Met Police calls for retired officers to return - The force also wants those nearing retirement to consider staying on to help tackle coronavirus.
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 Chelsea council and local government have set up many financial advice lines and initiatives to help advise you on how to deal with such problems.