The England Illegal Money Lending Team has availability over the coming weeks and months to provide some free training or presentations to staff/volunteers on Loan Sharks.
It is believed in excess of 300,000 families within England are using a loan shark/ illegal money lender leaving them vulnerable to many dangers, including exploitation, serious physical harm and mental health issues, as well as mounting legal debt, safeguarding issues and potentially homelessness. Anybody can become the victim of a loan shark often without even realising.
The team provide support to victims whilst investigating and prosecuting the loan shark. But the England Illegal Money Lending Team can’t do this work without you, they would like to come and train the front line workers or volunteers who have day to day contact with those who may be vulnerable to becoming the victim of a loan shark.
They will cover what a loan shark is in the legal sense, how you can spot if somebody may be a victim, some case studies of loan sharks and their victims and the effect it has on their lives, what to do if you think you know about a loan shark or a loan shark victim and finally how we can work together to raise awareness within communities and promote safer borrowing where necessary.
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