Helping Keep The Chelsea Community Local
Tue January 19, 2021
- Covid-19: The police fining people for breaching restrictions - Since the start of the pandemic the Met Police has issued almost 2,000 fines for coronavirus breaches.
- Shakur Hassan shooting: Boy, 13, charged with murder - The boy is one of four people who are accused of murdering 23-year-old Shakur Hussein.
- Neasden stabbings: Man arrested after triple knife attack - A 20-year-old man is arrested on suspicion of murder and two counts of GBH with intent.
- Covid: Marylebone rail workers 'held lockdown baby shower' at closed station patisserie - Staff say there was a Covid outbreak after the "party" in a shut patisserie at Marylebone station.
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.