Helping Keep The Durham Community Local
Mon April 22, 2019
- Driver, 55, dies after crash on A689 at Houghton - Police want to hear from witnesses or anyone with dashcam footage of the crash.
- Newcastle United 3-1 Southampton: Ayoze Perez hat-trick gives Newcastle victory - Newcastle boss Rafael Benitez says he "wants to compete" after Ayoze Perez's hat-trick gives Newcastle victory over Southampton.
- Whitley Bay street closed so children can play out - Youngsters on this road get together once a month to go "crazy" without fear of traffic.
- Newcastle United reveal profits of £18.6m - Newcastle United will focus on 'quality not quantity' transfers on the back of positive financial results for 2017-18.
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 Durham council and local government have set up many financial advice lines and initiatives to help advise you on how to deal with such problems.