Helping Keep The Oxford & Oxfordshire Community Local
Fri July 1, 2022
- Campsfield House: Council leader says immigration centre 'dehumanises refugees' - The Campsfield House immigration removal centre in Oxfordshire shut in 2018 after years of problems.
- Oxfordshire parish council clerk Joanne Wills jailed for £160,000 fraud - Joanne Wills found a way of "stealing from every person" in the village, a court hears.
- Raymond Blanc Great Milton hotel's expansion gets go-ahead - About 80 more staff could be employed at the Great Milton complex once the expansion is complete.
- River and Rowing Museum to close for leaky roof repairs - The River and Rowing Museum will close for six moths while repairs are carried out.
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.