Helping Keep The Oxford & Oxfordshire Community Local
Thu December 9, 2021
- Covid: New Plan B rules on working from home and masks announced for England - Boris Johnson announces tougher Plan B coronavirus measures as row over No 10 Christmas party continues.
- Kidlington elephant: Barn plea to fix one-tonne sculpture - The 10ft (3m) high sculpture, on a roundabout in Kidlington, was damaged when a car crashed into it.
- Supergrass to play first Oxford hometown show in 12 years - Bassist Mick Quinn says the gig could be their last in Oxford as a band.
- Tesco depot staff suspend pre-Christmas pay strikes - Up to 1,200 workers across four sites have halted walkouts over pay, the Unite union says.
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 Oxford council and local government have set up many financial advice lines and initiatives to help advise you on how to deal with such problems.