COUNCIL leaders from Worcestershire and Wychavon have joined forces with the England Illegal Money Lending Team (IMLT) and Fortis Living in a bid to clamp down on loan sharks operating on Droitwich’s Westlands estate.
The week-long campaign runs from this Monday (May 8) to next Friday (May 12) to raise awareness of the dangers of borrowing from illegal money lenders. It will also signpost victims to the appropriate help and support available through the IMLT.
A pop-up shop will be running on Tuesday (May 9) at Westlands Community Hall, from 10am to 1pm where information will be on offer about safer forms of lending, such as credit unions.
Tony Quigley, the IMLT’s head of service, said: “Illegal money lending is a despicable crime which causes nothing but harm to our communities.
“These lenders may appear to be offering a community service but borrowers are often forced to pay back far and above what they have borrowed and can afford.
“Loan sharks have been known to resort to bullying tactics, such as threats, intimidation and even violence to enforce repayment from borrowers.”
A poster design competition for children at Westlands First School will be held with prizes up for grabs.
The winner will be announced on Thursday (May 11).
Anyone who knows or knows someone who has fallen victim to a loan shark should call the England Illegal Money Lending Team at www.stoploansharks.uk or call 0300 555 2222.
