This site uses cookies. By using it, you agree to their use. To find out more, read our Privacy Policy.
Accept
Wrexham Council News
  • Biz & education
  • Council services
  • People & place
  • Video
  • Other
  • Welsh
Reading: Be wary of expensive ‘payday loans’ – Trading Standards
Share
Notification Show More
Latest News
Mais Uma Fantástica Colcha De Retalhos De Wrexham Em Exposição
Mais Uma Fantástica Colcha De Retalhos De Wrexham Em Exposição
Biz & education People & place
Another Amazing Wrexham Quilt Goes On Display
Another Amazing Wrexham Quilt Goes On Display
People & place Council services
Illegal tobacco and cigarettes seized.
Half a million illegal cigarettes seized in North East Wales
Other
Wales in Bloom
We’re Gearing up for Wales in Bloom
Council services Biz & education People & place
HMRC
HMRC’s app available in Welsh
Other People & place
Wrexham Council News
Search
  • Biz & education
  • Council services
  • People & place
  • Video
  • Other
  • Welsh
Follow US
© 2023 Cyngor Bwrdeistref Sirol Wrecsam
Weather warning - Saturday, June 10
Wrexham Council News > Blog > Other > Be wary of expensive ‘payday loans’ – Trading Standards
Other

Be wary of expensive ‘payday loans’ – Trading Standards

Last updated: 2019/11/07 at 10:43 AM
Share
2 Min Read
Investment Scam Property Money
SHARE

Wrexham Trading Standards are aware that some residents have recently had leaflets through their doors from a high cost credit company offering short-term loans.

Often referred to as ‘payday loans’, this type of borrowing can be seen as a quick way to get extra funds as they’re very easy to get, but interest rates can be extremely high and they can cause significant financial problems for people.

If you’re considering taking out a payday loan, please consider all your options first. There may be other ways for you to sort out your short-term money problem, so think about the alternatives before you borrow from a payday lender.

DON’T GET SCAMMED BY FRAUDSTERS! SIGN UP FOR TIPS AND ALERTS ON SCAMS IN YOUR AREA

- Sign up -
Get our top stories

Credit unions can help people struggling with their finances and offer an alternative to payday loans or doorstep lending. You can view your local credit union’s website here.

Many payday lenders are authorised by the Financial Conduct Authority to offer credit, but it’s important you understand the full cost of your repayment, the number of payments you’re required to make, and the repercussions of not making a payment.

If you decide to get a payday loan, shop around and compare the interest and charges before you borrow. The Citizens Advice website has information and advice to help you do this.

Keep safe from fraudsters, get our alerts!

Sign up for scam alerts here!

Share
Previous Article Air Raid Siren to Sound at 11am on Monday Air Raid Siren to Sound at 11am on Monday
Next Article Bringing generations together in Wrexham Bringing generations together in Wrexham

Stay connected

15k Followers Like
23.7k Followers Follow
3k Followers Follow
- Sign up -
Ad imageAd image

Latest news

Mais Uma Fantástica Colcha De Retalhos De Wrexham Em Exposição
Mais Uma Fantástica Colcha De Retalhos De Wrexham Em Exposição
Biz & education People & place June 8, 2023
Another Amazing Wrexham Quilt Goes On Display
Another Amazing Wrexham Quilt Goes On Display
People & place Council services June 8, 2023
Illegal tobacco and cigarettes seized.
Half a million illegal cigarettes seized in North East Wales
Other June 8, 2023
Wales in Bloom
We’re Gearing up for Wales in Bloom
Council services Biz & education People & place June 7, 2023

Efallai yr hoffech weld y rhain hefyd

Illegal tobacco and cigarettes seized.
Other

Half a million illegal cigarettes seized in North East Wales

June 8, 2023
HMRC
OtherPeople & place

HMRC’s app available in Welsh

June 7, 2023
Woodland Connections
Council servicesOther

Woodland Connections Week 17th June-24th June

June 7, 2023

Wrexham Council welcomes Groves’ shortlisting for national art gallery

May 16, 2023
Wrexham County Borough Council
//

Wrexham Council News provides all the latest news from your county borough council.

Quick links

  • Customise interests
  • Reading list
  • MyUpdates
  • Contact the council
  • Push notifications
  • Privacy policy

Get our top stories…

Subscribe to our newsletter to get latest news and info from Wrexham Council.

Sign up
Wrexham Council News
Follow US

© 2023 Wrexham County Borough Council

Cofrestru
Get our top stories - sign up!

Never miss latest news and info from Wrexham Council.

Sign up
Give it a try! You can unsubscribe at any time.

Removed from reading list

Undo
Wrexham Council News
Welcome back!

Sign in to your account

Lost your password?
  • Cymraeg
  • English