Time to cap interest fees
It’s time to stop the excess profits on the backs of ordinary working people and it’s time to cap the interest payday lenders can charge.
Paul Blomfield, MP for Sheffield Central, presented a Bill to Parliament to curb legal loan sharks – Summary of the High Cost Credit Bill 2013-14.
The good news is the Bill has already had its first reading, but now the hard work starts.
On Friday, July 12, the Bill started its second reading in the House of Commons. The debate was then adjourned and returned last week.
As the impact of the cuts continues to hit, wages have stalled and the cost of living keeps rising – food, energy, housing and transport, the basics.
The main purpose for the payday loans is to put food on the table and keep a roof over their head.
Austerity Britain has set ordinary people on a path to poverty.
The human consequences are painful and the payday lenders are exploiting people’s desperation and profiting on the back of poverty.
And what this means for ordinary people is a fast track to debt.
People who struggle to repay loans on time can be hit with extortionate charges and interest rates.
One recent example highlights how a £150 loan from a payday lender soared to £15,500 in two years.
That’s an increase of 10,000 per cent.
Paul Blomfield’s High Cost Credit Bill will seek to control advertising of high cost credit products, to ensure clearer information is provided to borrowers on the cost of loans and will include new measures to ensure that loans are affordable by introducing lending limits and capping excessive charges.
It will also protect borrowers having problems with repayment by requiring lenders to refer them to free independent debt advice, freeze charges and ensure that proper repayment plans are put in place.
Garry Richardson Catterall Close
Take care catching buses
I regularly use the numbers 7 and 5 buses at my local bus stops on either side of St Annes Road, by the Halfway House pub.
I am a guide dog owner and have missed buses and sometimes needed to walk into the road to access these buses.
This is very dangerous for myself and my guide dog.
After much campaigning, Blackpool Transport has re-directed the number 5 bus, which has solved the congestion and now the number 7 can turn the corner from Squires Gate Lane and park in the layby on St Annes Road.
I have just heard a mother with two children had run across St Annes Road to catch the number 5 and just avoided an accident.
The readers can imagine how horrified I was to hear this.
The number 5 bus can be seen from Highfield Road as it travels along St Annes Road, so no-one needs to dash across to the stop and perhaps cause an accident.
Perhaps a poster on the bus shelters will alert passengers to be mindful and careful.
I would like to thank councillors Lily Henderson and Peter Evans for supporting me and making it possible for myself and my guide dog to access my buses safely.
Dad is no football hooligan
I feel I must write about my experience of trying to treat my 80-year-old father to a special day.
I am a woman of mature years, 50 to be exact, and moved up to Blackpool in 2005.
Although never going to a Blackpool football match, I have always followed their fortunes.
As my father is coming up to Blackpool from his home in Leicester on September 19 and Blackpool FC are playing Leicester City on September 21, I thought it would be nice for both of us to go to the match together.
My father is a season ticket holder at Leicester City.
I went to Blackpool FC ticket office two weeks ago and asked if they were selling tickets for the match.
I asked if my father would be OK sitting in there because he supported Leicester, and I was told in that case I was not allowed to purchase tickets because it was for home fans only.
Now I think a 50-year-old female Blackpool fan and an 80- year-old Leicester fan would not cause any problems, but the ticket office girl was adamant that she would not sell me two tickets.
I can understand that home fans and away fans need to be segregated but does an 80-year-old pose a serious threat of hooliganism?
Parking ticket victory
The precedent set by Barry Stoll’s successful appeal against his parking ticket (Gazette, September 2) is good news for Blackpool Council.
It means if the mention of “Manchester Traffic Penalty Tribunal” causes them any breathing problems, they can park for free in a residents only parking zone close to a hospital.