Wed January 24, 2018
- Stilton cheese rolling cancelled as 'no longer seen as cool' - Few people want to take part and no-one has come forward to put on the cheese-based race, organisers said.
- East of England Ambulance: Potential serious incidents investigated - The East of England Ambulance Service says an "unusually high number" of reports were made by staff.
- HMP Peterborough: Women's jail safety 'not sufficiently good' - Female inmates at HMP Peterborough "felt intimidated", inspectors found.
- 'Crime scene corral' for 13 stray horses near A47 - Police set up a makeshift "field" using crime scene tape to prevent the horses reaching the busy road.
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 Cambridge council and local government have set up many financial advice lines and initiatives to help advise you on how to deal with such problems.