Helping Keep The Oxford & Oxfordshire Community Local
Sat April 20, 2019
- Can non-Asian people get henna tattoos? - A woman of Asian heritage is challenging the taboos around henna tattoos and cultural appropriation.
- Jayden Parkinson murder: Mother calls for 'domestic abuse register' - Teenager Jayden Parkinson was strangled by her abusive ex-boyfriend in Didcot.
- Evidence of rabbits in UK in Roman times, say academics - Tests on a bone, found in West Sussex, show for the first time the animal was alive in the first century AD.
- HS2 buys residential properties and land worth £600m - Figures show HS2 has bought over 900 properties that could be affected by the high-speed rail route.
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.